In October, the price of Ethylene Acrylic Elastomer (AEM) in the global market experienced a significant decline, primarily driven by a sharp drop in the price of its key feedstock, Ethylene and Acrylic Acid. Despite this, downstream market demand remained stable, with no major fluctuations observed. The overall reduction in AEM prices was further influenced by weaker supplier actions, falling freight charges, and steady demand from end-users, all of which contributed to the price downturn in the AEM market.
In October, AEM prices in the European market fell to xx,xxx USD/MT CFR-Hamburg. The decline in AEM prices was primarily due to lower feedstock costs, with Ethylene seeing a x.xx decrease and Acrylic Acid dropping by x.xx. In October, the German automobile market saw a positive shift, with xxx,xxx units sold, reflecting an xx.xx month-on-month increase and a x.xx rise compared to the same period last year, according...
