As of the first week of February, the global Fluoroelastomer market has experienced a declining trend since the third week of January. This decrease in the price of Fluoroelastomer is primarily attributed to the expected ample availability of inventories in the market. While the Aerospace and Defence sector demonstrated strong performance, the moderate to lower performance observed in the Automobile sector resulted in moderate demand for Fluoroelastomer in the regional market, contributing to the overall decline in prices during this period.
In the US market, Fluoroelastomer prices experienced a decline this week, reaching xx,xxx USD/MT FOB-USGC and marking a decrease of x.xxx since the third week of January, primarily influenced by a mixed demand landscape from the aerospace sector. Boeing, a leading aircraft manufacturer, reported increased sales with xxx commercial airplanes delivered and xxx net orders, thereby impacting the demand for Fluoroelastomer. The aerospace industry&#xx;s...
