Texas, USA: During June xxxx, the Isobutylene market in the North American and European regions showcased a mixed trend. In the European region, the Isobutylene market witnessed a decline in their trend associated with the lower demand from the downstream Butyl Rubber and Fuel Additive enterprises. However, the US market experienced an incline in their trend which can be associated with the peak summer driving season resulting in the increased demand for Isobutylene from the downstream Fuel Additive enterprises.
In June xxxx, the Isobutylene market in the US witnessed an increase of x.xxx, reaching USD xxxx/MT (FD-Texas). This upward price trend was influenced by the summer season and the accompanying surge in driving activity as millions of Americans traveled to vacation destinations. This increased demand for Isobutylene from the downstream Fuel Additive sector, especially as inventories of Methyl Tert Butyl Ether (MTBE) were dwindling. Additionally, the overall...
