The price of the Polybutadiene Rubber (PBR) in the US market witnessed a stable run as of last week of April while marginal incline witnessed in the European market. The price trend of PBR in both the regions are still on the lower end which indicates that the market participants are currently engaged in the destocking of the inventories. As lack of consumer interest seen in the downstream tire market despite witnessing robust automobile sales. The after-market demands continued to hamper the overall production of the Tires thereby influencing the consumption of the PBR in the market.
Despite global destocking trends, the PBR market in the United States has maintained stability, highlighting the resilience of the US export market amid broader downward price pressures. The consistent pricing of PBR indicates effective inventory and production management by US suppliers, ensuring a steady supply to meet demand without...
