Entering Q1 2025, Neoprene Rubber (MV 45-53) prices in Japan continued to climb, reaching USD 4743/MT FOB Tokyo, marking a 7.1% increase from Q4 2024. The steady price growth was fuelled by rising demand from industrial and transportation sectors, along with ongoing supply chain constraints. The winter season further boosted consumption, especially for cold-weather applications like wetsuits, insulation, and industrial components. Despite efforts to balance supply, logistical bottlenecks and limited production expansions kept market conditions tight, maintaining the bullish price trend into the new year.





