As of the second week of January, the price of EPDM Rubber in the European market has remained stable. This price stability of EPDM Rubber is primarily influenced by decreased demand from downstream sectors such as the automobile and construction industries. The surplus EPDM Rubber inventories among suppliers have led to continuous destocking efforts as they adapt to the lower demand in the market.
In France, the price of EPDM Rubber remained stable at xxxx USD/MT FOB-Rotterdam in xnd week of January. Despite a downturn in the European Union&#xx;s automobile sector, French new car registrations saw a substantial xx.xx increase in December, contributing to overall market growth with a xx.xx rise in sales. However, the construction sector in France faced challenges, with a sharp decline in new orders and deep contractions in residential and commercial building work, as per the latest HCOB PMI data. The...
