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Demand for butyl rubber from downstream automotive consumption experienced a surge during August ****. Year-over-year, auto sales in the US during August **** broke expectations with *.** growth and a month-over-month improvement of *.***, totaling *.** million units sold. As for the automotive sector, recently enacted tariff agreements with Japan, the UK, the EU, and South Korea have noticeably taken some pressure off the auto imports. There are also sluggish turns of inventory, high reciprocal tariffs (averaging **.** to **.** - **+ countries), and a change in global sourcing models.
A US-China tariff truce has been extended for another...
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