The cost of Ethylene Acrylic Elastomer experienced an upward trajectory in the US market, witnessing a rise of x.xxx to reach xxxxx USD/MT in December xxxx. This increase was influenced by the scarcity of global Ethylene Acrylic Elastomer manufacturers and a disparity in demand and supply, particularly evident in disruptions across the Asian and European markets. Consequently, the price of Ethylene Acrylic Elastomers continued its upward trend throughout December.
In relation to the downstream market for Ethylene Acrylic Elastomer, the United States automotive sector saw a x.xx month-on-month rise, reaching xx.xm units (yearly) in December xxxx. Simultaneously, the Construction sector indices, which also influence the Electrical Wire and Cable segment, demonstrated strong performance during this month. Despite these positive indicators, major industry player Maersk, a significant contributor to global trade, has issued warnings about potential disruptions. The mixed demand for Ethylene Acrylic Elastomer from major importing countries,...
