The global Liquid Silicone Rubber (LSR) market has encountered significant challenges in recent months due to fluctuating demand and supply dynamics. In December xxxx, LSR prices declined in major regions, including China and the USA, driven by softer demand in international markets and surplus inventory levels. While domestic sectors like automotive and construction remained stable, weaker consumption from the aerospace industry and surplus in the inventories levels, added to the downward pressure on prices. Suppliers have responded by adjusting production schedules and refining procurement strategies to manage inventory effectively and adapt to evolving market conditions. Additionally, shifts in manufacturing activity and declining business confidence have further influenced lower pricing trends of the LSR in the market.
In December xxxx, the price of LSR in China declined by x.xx, primarily influenced by lower Silicon Metal feedstock costs. The price reduction from key suppliers further added downward...
