Texas, USA: The Butyl Rubber MV xx-xx market in the US continued to follow bearishness in its trend amid the disrupted equilibrium between supply and demand. The bearishness in the Butyl Rubber market can be attributed to the decline in the new orders of the commodity amid the availability of sufficient inventory levels of the commodity in the US.
In November xxxx, the US Butyl Rubber MV xx-xx market experienced a price decline of x.xxx, with values dropping to USD xxxx/MT (FOB-Texas). This downward trend was influenced by anticipated tariff changes under the new administration, prompting cautious behavior among manufacturers and contributing to reduced market activity. Additionally, domestic market participants prioritized year-end destocking efforts to streamline inventory levels, further suppressing demand for Butyl Rubber. These combined factors underline a challenging market scenario, as broader economic uncertainties and industry-specific pressures continue to weigh on the...
