In February, the global price of Neoprene Rubber saw a significant increase. This rise in prices was mainly driven by the surge in the cost of feedstock, especially Butadiene. Additionally, manufacturers raised their contract selling prices due to shrinking profit margins. The strong demand from the downstream market further contributed to the overall increase in Neoprene Rubber prices. These factors combined played a crucial role in influencing the price trend of Neoprene Rubber in the international market, keeping the market sentiment firm during this period.

In the asian market, particularly in Japan the price of the Neoprene Rubber witnessed a 1.2 % rise in Feb. This rise in the Neoprene Rubber price is majorly attributed to the increase in the price of the major feedstock Butadiene which marked an increment of 2.4% in Feb from a month ago. From the supply chain end, no logistical imbalance were reported in the respective period. The downstream automobile sector showcased a positivity in Feb with 8.8% rise from January but also a remarkable 18.7% growth year-on-year to 409,347 vehicle sales. According to Japan's Trade Statistics, there was a significant drop in Chloroprene-based rubber exports in January. Exports to India fell by 37.8% compared to the previous month, totaling 573.710 MT, while shipments to China decreased by 47.5%, amounting to 540.65 MT. This factors with increase in the feedstock price and the downstream market demand have majorly contributed towards impacting the bullishness in the Neoprene Rubber price in the asian market.

Neoprene Rubber prices in the US market increased during February. The rise was predominantly caused by rising import prices from major exporters from Japan. Automobile sector demand remained firm to underpin the market, and there were mixed trends in the Construction sector. In February of 2025, the industry was confronted by the issues of strong demand for labor and not enough skilled professionals, which pushed up wages and extended project deadlines. Construction expenses also declined 0.2% in January 2025, and duties on imports from Mexico, Canada, and China drove material costs upward. Contractors had scaled back their pricing but doubt about trade policy might affect construction spending in the future, impacting the Neoprene Rubber market.

According to the ChemAnalyst's prediction, the Neoprene Rubber price is expected to showcase bullishness in the upcoming sessions. This anticipation of rise in the Neoprene Rubber price is based on the increase in the price of the feedstock majorly Butadiene due to which the increment in the production cost is expected to pass on to the consumers. Additionally, the projection of the positivity in the demand from the downstream market is expected to support the demand of the Neoprene Rubber.