Novosibirsk, Russia: In the global market, the prices of Isoprene Rubber MV (xx-xx) are maintaining their stability in their trend due to the sustained supply and demand equilibrium. Furthermore, the prices of the upstream Crude Oil market are also experiencing stability in their trend, contributing to the stable production cost of Isoprene Rubber MV (xx-xx) by maintaining the stable energy cost.
In the Russian market, the trend of Isoprene Rubber MV (xx-xx) is the same as the previous week and settled at USD xxxx/MT (FOB-Novosibirsk) on xxth March xxxx. Despite the ongoing Farmer’s Protests in European countries including Russia, the prices of Isoprene Rubber MV (xx-xx) are the same as the previous week due to the moderate demand from the downstream Automotive and Tire sectors which are getting fulfilled by the existing inventory levels in the storage units. Additionally, the European Commission is considering imposing tariffs...
