The Asia Ethylene Propylene Diene Monomer price report is published weekly. Price assessments focus on the spot market, while news and analysis include an overview, economic news, regional updates, demand and supply issues as well as any other key factors driving the prices at the time of publication.
Our locally based reporters will keep you up-to-date with market developments and the information will assist you in making your business decisions.
Updated to Q2 2019
EPDM supply remained long with the inflow of cheaper Middle East cargoes. Several producers were running their plants at reduced rate due to weak demand. Sellers had to reduce prices to entice buying and deplete stocks.
Asia supply continued to outstrip the demand, which pushed down EPDM prices to drop to the lowest levels since second half of 2016.
Demand waned significantly amid the ongoing US-China trade war and slowing auto sales in China and India. Downstream buyers and end users only purchased minimum quantities to cover their basic requirement and were unwilling to restock cargoes given the ample supply. Imports to China also decreased amid the depreciation of Chinese currency. Furthermore, the falling feedstock prices also dampened buying sentiment.
We offer the following regional Ethylene Propylene Diene Monomer analysis and news coverage to keep you informed of factors and developments affecting prices in the Ethylene Propylene Diene Monomer marketplace.
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Ethylene Propylene Diene Monomer Methodology
Ethylene Propylene Diene Monomer (EPDM), a type of EP elastomer, has excellent resistance to ozone and heat and good resistance to alkalis, acids, and oxygenated solvents. Asia is the largest and fastest growing market, with about 43% of global demand.
Ethylene Propylene (EP) elastomer is the third largest synthetic rubber market after styrene butadiene rubber (SBR) and polybutadiene rubber (PBR). Ethylene Propylene Diene Monomer (EPDM), a key type of EP elastomer, has excellent resistance to ozone and heat, and good resistance to alkalis, acids, and oxygenated solvents. Asia is the largest and fastest growing market, representing about 43% of global demand.
EPDM is used in a wide range of applications including gaskets and window seals in the automotive industry and roofing membrane and insulation material in the construction industry.