The fourth quarter of 2022 saw a strong start for the North American Butyl Rubber Price; its prices saw a noticeable rise till November before gradually decreasing for the rest of the quarter. Contradictory sentiments during the quarter could be seen in the market due to differences in downstream demand from different businesses. Due to their uneven growth throughout the quarter, the domestic market’s demand for Butyl Rubber from the tire and automobile industries fluctuated. Upstream expenses and variable manufacturing costs influenced the expansion of the Butyl Rubber sector as well. Consequently, the expected price for Butyl Rubber MV 32-51 in the USA in December was USD 2655/MT FOB Texas.
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