In the US market, the price of Fluoroelastomer has remained stable as of the second half of May. This stability in the Fluoroelastomer price is primarily due to the lack of significant changes in demand and supply dynamics from key downstream sectors, namely the automobile and aerospace industries. Fluoroelastomer suppliers have been effectively managing inventory levels in line with current market demands, preventing any substantial accumulation or destocking of inventories during this week. These factors have played a crucial role in maintaining the steady price of Fluoroelastomer in the US market.
In the US market, the price of Fluoroelastomer MV-xx concluded at xx,xxx USD/MT FOB-USGC. In the downstream automobile sector as per the major updates, the U.S. light vehicle sales volume in May xxxx is expected to reach x.x million units, marking single digit rise on a month-over-month basis. In the aerospace market, Boeing has...
