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USA Polybutadiene Rubber (PBR) prices are anticipated to recover through the month of July **** as improving downstream procurement and firmer feedstock expectations gradually restore market confidence. This outlook follows a sharp *.*** decline during the week ending June **, ****, when lower raw material costs and persistently weak demand exerted significant downward pressure on the PBR market.
Supply-side developments remained the primary driver behind the latest correction. Feedstock *,*-butadiene CFR US Gulf Coast prices fell to USD *,***/MT during **鈥** June, representing a **.*** decline that substantially lowered PBR production costs. The easing in butadiene prices followed softer crude oil markets as geopolitical tensions in the Middle East continued to subside, removing the risk premium that had previously supported upstream petrochemical pricing. With domestic production operating at stable run rates and inventories remaining comfortable, suppliers faced limited pressure to restrict availability. Lower manufacturing...
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