VITRY-SUR-SEINE, France—The recent spate of increases in prices for some raw materials could have peaked, new figures from the French rubber industry association, the Syndicat National du Caoutchouc et des Polymères (SNCP), suggest.
On May 1, natural rubber (solid type 5 CV) was trading at 9.5 percent above its level at the start of the year, just 0.8 percentage points above the prior month level but 13 percent higher than at the start of last year.
Last month's prices for styrene butadiene rubber solid were recorded as trading at 12.3 percent above Jan. 1 levels—down from 12.9 percent higher a month earlier but 52 percent above its Jan. 1, 2021, level.
SNCP's tracked price for oil-extended EPDM, meanwhile, was up by 14.6 points on May 1 compared to Jan. 1. Again, the level of increase was down slightly on the 18.7 percent recorded on April 1 but still 83 percent above its Jan. 1, 2021, level.