The US Isobutylene market continued to showcase bearishness in its trend, during March xxxx. The declined production cost and the weak performance of the downstream butyl rubber and fuel additive sectors pushed the market sentiments for isobutylene downwards.
In March xxxx, the Isobutylene market in the US experienced a decline of x.xx which was primarily impacted by the declined production cost. The decline of x.xxx in the crude oil market lowered the production cost of isobutylene in the US. Furthermore, the weak demand for isobutylene was witnessed from the downstream butyl rubber and fuel additive sectors along with the declined performance of these sectors.
In terms of the downstream butyl rubber sectors- despite a surge in the performance of automotive sales, the butyl rubber market experienced a declining trend. Automotive sales witnessed a surge as buyers rushed to purchase automobiles before the anticipated imposition...
