Mitsui Chemicals Inc. (TYO:4183) is set to increase its prices for Mitsui EPT, the company’s brand of ethylene propylene diene monomer (EPDM). The change will apply to all Mitsui EPT products supplied from Dec. 1 onward, with prices rising by at least 40 yen ($0.35) per kilogram. Explaining the decision, Mitsui Chemicals started by noting that market conditions for EPDM...
ethylene propylene diene monomer
EPDM Rubber Prices Driven up by Complex Web of Factors
Ethylene propylene diene monomer (EPDM) rubber is seeing a rise in its overseas market prices. The increase here has been driven by a wide range of factors, including supply–demand tightness, U.S.–China tensions, the recent U.S. cold snap and the global shortage of shipping containers. The U.S., for its part, is not only facing a tight supply–demand balance for domestic EPDM...
Supply–Demand Balance Tightens in Japan’s EPDM Rubber Market
Japan’s market for ethylene propylene diene monomer (EPDM) is tightening due to a number of factors, with trends in the COVID-19 pandemic top among this list. While demand for EPDM rubber did decline as a result of the virus, it has more recently been making a resurgence due to the turnaround in automotive production recovery that started last autumn. And...
JSR Plans Price Hikes for Synthetic Rubbers, Emulsions
Major synthetic rubber firm JSR Corp. (TYO:4185) announced on Oct. 1 that it will be increasing prices for a range of its synthetic rubbers, emulsions and other products from Oct. 21 onward. For synthetic rubbers, the company will raise its per-kilogram prices by at least 15 yen ($0.13) for styrene–butadiene rubber; 16 yen for butadiene rubber; 16 yen for isoprene...