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 Q1 2019
Ethylene propylene diene monomer (EPDM) supply remained lengthened in the first quarter amid the inflow of cheaper Middle East cargoes to Asia. Major regional suppliers cut prices to promote sales to cope with weak buying amid the Lunar New Year holiday in early February. And most EPDM plants were still running at reduced rates due to oversupply in Asia.
Downstream demand slowed in the first quarter amid the long Lunar New Year holiday in some Asian countries. Most buyers and end-users were unwilling to restock cargoes amid slowing offtake rate and weak performance of the auto sector, coupled with the ample supply. Purchases, if any, were in very small quantities to cover basic requirements.
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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.