Neoprene Rubber prices witnessed a decline trend in March xxxx as lower Butadiene costs and favorable currency exchange supported cheaper production. Suppliers responded by slightly lowering offers to stay competitive. Some adjusted export volumes, while others gave modest discounts to move stock, keeping demand steady across key sectors like automotive and construction.
Neoprene Rubber prices in Japan edged down in March xxxx, driven by a x.xx drop in butadiene costs, which helped ease input expenses for local neoprene rubber manufacturers. Despite steady demand from the automotive and construction sectors, adequate supply levels allowed suppliers to slightly lower prices. Export activity remained strong, with February shipments of chloroprene rubber to India and China jumping more than xxx month-on-month, reflecting healthy trade flows. Still, purchasing stayed cautious amid subdued business sentiment, as shown by the latest dip in the Bank of Japan鈥檚 Tankan index. With local consumption holding firm...
