Q1 2025 The Thermoplastic Elastomer (TPE) market eased further in Q1 2025, with global TPE prices settling at USD 2,171/MT FOB Shanghai for Styrene Ethylene Butylene Styrene (SEBS), a 3% decline from Q4. Global purchasing was cautious in the face of continued macroeconomic uncertainty and subdued downstream demand. Competitive regional Asian supplier pricing put pressure on the market, and buyers were more concerned with inventory management than restocking in force.



