Synthetic rubber prices set to remain “incredibly volatile”

Akron, Ohio – Prices for synthetic rubber and petrochemical feedstocks have been “incredibly volatile” and are likely to remain so for a while, according to Bill Hyde, executive director-olefins and elastomers at IHS Markit.

“Energy- and economy-related fundamentals in the synthetic rubber market are encouraging, but risks abound,” Hyde said in a presentation at the International Tire Exhibition & Conference.

Meanwhile, natural rubber pricing is largely to remain soft because of oversupply and the need for…

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