05:01 PM @ 09/12/2022
The Butadiene Market is expected to grow significantly to $29 billion by 2028 according to Vantage Market Research. The main reason behind this growth is the increasing demand for synthetic rubber. Synthetic rubber is made from Butadiene and is used in a variety of applications, such as tires, hoses, belts, and various other rubber products.SEE MORE04:50 PM @ 09/12/2022
While Russia is about to announce its response to the oil price cap, earlier statements made by Moscow about refusing to sell crude to countries supporting this measure seem to point toward the prospects of rising oil prices.SEE MORE04:40 PM @ 09/12/2022
The European Union reached a preliminary deal with EU governments on a new law on deforestation-free products that will make it obligatory for companies to verify and issue a so-called “due diligence” statement that goods placed on the EU market have not led to deforestation and forest degradation anywhere in the world after 31 December 2020.SEE MORE04:25 PM @ 09/12/2022
Viet Nam has realized 21 among the 24 Articles of the World Trade Organization’s Trade Facilitation Agreement (TFA), reported the General Department of Customs at a meeting on December 7.SEE MORE04:18 PM @ 09/12/2022
From our Fastmarkets NewGen Long-Term Forecasts, we know that demand for electric vehicles (EVs) and therefore battery materials will be second to none across this decade and beyond. However, we are also broadly expecting supply to keep up with demand over the next ten years. This is not to say that we may not see periods of deficit, but we also expect to see some periods of surplus.SEE MORE
