In July xxxx, Hydrogenated Nitrile Butadiene Rubber (HNBR) prices moved upward, supported by steady demand, strategic supplier actions, and improved production efficiency. Adequate supply, stable feedstock availability, and firm export orders underpinned market strength, while resilient aerospace and defense activity helped balance softer automotive demand in the market.
HNBR prices in July xxxx strengthened to USD xx,xxx/MT FOB-Osaka, supported by consistent demand and strategic supplier actions. Zeon reported stable HNBR demand in the first half of FYxxxx, with the Elastomer segment’s Qx net sales at ¥xx.x billion (down xx YoY) but operating income up xxx to ¥x.x billion, reflecting improved production efficiency and cost-cutting measures. Completion of maintenance at the Takaoka plant boosted HNBR shipments quarter-on-quarter, lifting margins and reinforcing price stability.
HNBR supply conditions remained adequate, aided by smooth logistics and no significant port congestion. Feedstock butadiene supply was...
