China’s Isoprene Rubber Prices Show Marginal Growth Amid Tight Raw Material Supply
- 18-Mar-2025 8:00 PM
- Journalist: Xiang Hong
The isoprene rubber market in China continued to showcase bullishness in its trend. During the second week of March, the isoprene rubber market experienced a marginal incline in its trend despite the declining performance of the downstream automotive and construction enterprises and the challenges in the supply of raw material, Isoprene. Furthermore, government officials are working to uplift the performance of the downstream sectors, which might uplift the market sentiments of Isoprene Rubber in China.
Key Takeaways:
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The isoprene rubber market in China maintained its bullishness with a marginal incline in its trend.
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The limited availability of expensive raw material, isoprene has led to affordability concerns resulting in limited procurement activities.
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The downstream automotive and construction enterprises experienced a slowdown in February.
The Isoprene Rubber MV 60-80 market in China is maintaining bullishness in its trend. During the week ending on March 14, the Isoprene Rubber market experienced a marginal incline of 0.3% and continued to showcase bullishness. The current market sentiments of Isoprene Rubber can be attributed to the short supply of the raw material, Isoprene. Despite this, buyers are not rushing to procure the raw materials and not many sales are happening currently amid affordability concerns due to the availability of expensive Isoprene amid the supply tightening. However, the Isoprene Rubber market is itself stable amid the steady supply of the commodity that balanced overall market sentiments in China.
In comparison to natural rubber, isoprene rubber is cheaper amid the presence of ample inventory levels. Moreover, some imported materials are being sold at a discounted rate which made market players hesitant to raise their prices too much.
However, the downstream automotive and construction sector showcased a decline in its performance during February 2025. In the automotive sector, according to the China Association of Automobile Manufacturers (CAAM), the automotive sector sales witnessed a surge of 34.4% in comparison to the previous year and declined by 12.13% in comparison to the previous month with a total sales of 2129000 units in February 2025.
The downstream construction sector continued to struggle in February as the overall investment and sales in this sector continued to go downwards despite the governmental support to boost the sector. In comparison to the previous month, new home prices slightly declined by 0.1% and 4.8% in comparison to the previous year. Therefore, to address the current performance of the construction sector in China, governmental officials are easing home-buying restrictions.
As per ChemAnalyst, the isoprene rubber market in China is anticipated to witness steady growth in the upcoming few weeks as governmental officials are trying to boost the performance of the downstream automotive and construction sectors. This might increase the demand for Isoprene Rubber in China.