In Q1 2025, the Halo Butyl Rubber (HBR) market in the APAC region witnessed a bearish trend, with Bromobutyl Rubber (BIIR) FOB Jurong prices softening to approximately USD 2550/MT, reflecting a 2% decline from the previous quarter. The downturn was primarily attributed to sluggish post-holiday industrial activity and reduced procurement momentum across key sectors such as automotive. The Lunar New Year holidays in countries like China led to temporary factory shutdowns and lower operational rates, dampening overall demand. Additionally, milder weather in some regions curtailed seasonal tire replacement needs, further weighing on HBR consumption. On the supply side, inventories remained sufficient, and raw material costs showed limited volatility, providing little support for prices.





