Stalled automotive sector puts hopes on China, decrease in air travel

ICIS | The pandemic has left the automotive industry on cinder blocks, thwarting any expectation of recovery from an already-slower 2019.

Tyre demand has been lacklustre in Asia, while in Europe prices for styrene butadiene rubber (SBR) hit record lows in May in line with caps on automotive production.

Prospects for SBR were not much stronger in the US, as even though plants begin to resume operations, production will not run at full capacity and demand remains weak.

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