In the global market, the price of Polybutadiene Rubber (PBR) has witnessed a notable surge during Hx May xxxx. This increase is primarily linked to the rise in feedstock Butadiene prices, driven by positive downstream market demand. In contrast, the PBR price in the US market had witnessed a gradual rise in price trend from the past two weeks. Still, the market is deteriorating affected by tepid purchases despite the significant rise in Butadiene prices. The continued destocking of inventories in the US extended through this week, with no marked increase in demand from the Tire OEM and Replacement markets. These factors have cumulatively influenced the global PBR price, highlighting regional disparities in market dynamics.
In the US market, the price of Polybutadiene Rubber (PBR) saw a slight increase in Hx May amidst ongoing destocking trends. Continental Tire the Americas LLC&#xx;s substantial USD x.x billion investment in...
