Electric Screw Driver,Cordless Screwdriver Set,Computer Repair Kit,Screwdriver Kit Set SUZHOU CREATION SPACE INTELLIGENT TECHNOLOGY CO.,LTD , https://www.mypkey.com
The chemicals market is showing renewed strength, driven by rising international crude oil prices. This has led to sustained high prices for basic raw materials such as ethylene and fluorocarbons, which in turn have boosted the overall performance of the chemical sector. Among the standout products, synthetic rubber and adipic acid have shown particularly strong gains.
The synthetic rubber industry is gradually recovering, with styrene butadiene rubber (SBR) and butadiene rubber both posting weekly gains of around 7% and 6%, respectively. Meanwhile, natural rubber prices are also on the rise, supported by expectations of increased domestic storage and seasonal withdrawal periods in Southeast Asia. As a result, the cost advantage of synthetic rubber is becoming more apparent. Additionally, the continued strength in butadiene prices is providing further cost support to the industry.
Looking ahead, the downstream automotive sector is expected to enter its traditional sales season, which should lead to higher tire production. As inventory levels decrease, manufacturers are likely to replenish their stocks of synthetic rubber, which could further push the market upward.
Adipic acid is also experiencing a strong rebound. Last week, prices climbed by approximately 5%, reaching a two-month high, and have now risen over 10% since the end of November. The impact of limited production and price stability from manufacturers is clear. Moreover, unexpected shutdowns at some production facilities have significantly reduced inventories in the market. According to industry sources, many companies are not eager to expand output in the short term due to rising costs, which is helping to sustain the current price trend. Overall, the outlook for the chemicals market remains positive, with multiple factors supporting continued growth.