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Demand of the Neoprene Rubber across end-use sectors was mixed but supportive of the price rise. Construction demand was the strongest pillar, helped by a year-on-year increase in housing starts that underpinned sealant consumption, while automotive and tire segments provided moderate support amid pre-tariff stocking and expectations of higher production in May. Industrial and oil-field services activity remained healthy, with an average active rig count of around *** units sustaining elastomeric requirements; aerospace-related demand was aided by an estimated ** Boeing deliveries in April. Against that backdrop, Neoprene Rubber CFR Texas spot averaged USD *,***.**/MT in April, up from USD *,***.**/MT in March.
Supply-side dynamics of the Neoprene Rubber were the primary driver of the April move. A sharp rise in *,*-butadiene costs significantly increased production expenses, compressing margins for chloroprene producers and prompting higher offers into the US market, according to 果酱视频 analysis....
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