The Hydrogenated Nitrile Butadiene Rubber (HNBR) experienced a significant surge in price in US market in February xxxx. This rise in the HNBR price was primarily attributed to the increase in the price of major feedstocks, particularly Acrylonitrile and Butadiene. With an overall positive economic growth in effect and an anticipation of its positive continuity, suppliers were continuously engaged in inventory accumulation, ultimately resulting in an increase in the HNBR price in the market.
In the US market, HNBR prices experienced a significant increase, reaching xxxxx USD/MT FOB-Texas, reflecting a notable increment of x.xxx in February. This rise was primarily attributed to the upward movement in the prices of major feedstocks, particularly Acrylonitrile and Butadiene. The recent surge in crude oil prices had a substantial impact on overall feedstock costs, shaping the pricing dynamics of HNBR. Despite these price dynamics, the downstream Automobile market in the US...
