As of the third week of February, the Polyolefin Elastomer prices in the European market have remained stable, while a marginal increase has been observed in the US market. The economic scenario in Europe is currently experiencing a recession, leading to underperformance in various sectors such as Automobile and Construction. In contrast, the US market&#xx;s economic factors indicate robust growth, particularly driven by demand in the Construction sector. These contrasting economic conditions have played a pivotal role in influencing the demand for Polyolefin Elastomer in their respective regional markets.
In the US market, the price of Polyolefin Elastomer saw a slight increase, reaching xxxx USD/MT FOB-New Orleans by the third week of February. This marks a x.xxx increment from the first week of February. The rise in the price of Polyolefin Elastomer can be attributed to the upward movement in the feedstock market, particularly the surge in...
