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In mid-August ****, TPE-SEBS prices slipped in the US market, marking a clear softening in the market. The drop in the TPE price came as European suppliers rolled out aggressive export offers, adding pressure to already steady domestic supply. With no major hiccups in logistics and U.S. buyers sitting on healthy inventories from earlier buys, the urgency for spot deals faded fast. That gave importers some breathing room鈥攁nd leverage鈥攖o push for better pricing.
On the demand side, sluggish activity in the construction sector and restrained manufacturing sentiment limited market momentum. Although automotive sales experienced an improvement in July鈥攚ith an *.** month-on-month and *.** year-on-year increase鈥攖his was insufficient to offset the weaker demand seen in other downstream segments like construction and consumer goods.
TPE supply held steady, thanks to consistent production and smooth shipping schedules. Importers had it easy this time...
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