The Halo Butyl Rubber price trend showcased bullish movement at the beginning of Qx of xxxx, and producers raised the quotations by x.xx during the month. The consumption of Halo Butyl Rubber remained firm for the manufacturing of construction materials. The demand for Halo Butyl Rubber to produce adhesive and sealants was consistent due to firm consumption from downstream construction and manufacturing sectors. Prefabrication and modular construction are increasingly becoming prominent in the construction industry. These methods involve constructing xx-xxx of a building or its components in a factory setting before transporting them to the site for assembly. It contributed to the firm consumption of materials.
Meanwhile, the manufacturing rates decreased at the beginning of the third quarter of xxxx due to the occurrence of Hurricane Beryl, and manufacturing PMI fell below xx, indicating a deterioration in manufacturing activities during July xxxx. Consequently, the availability...
