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For the Quarter Ending September 2023 North America: During the third quarter of 2023, the North American  Butyl Rubber market  underwent notable fluctuations. The period commenced with a substantial drop in prices in July, attributed to an oversupply of inventories and stable manufacturing, coupled with decreasing feedstock prices. August saw a stabilization as Isobutylene prices continued to decrease, offsetting strong demand and maintaining price stability. In September, a significant price surge occurred, driven by heightened demand from the thriving US automotive sector, despite a United Auto Workers (UAW) strike. Robust vehicle sales, particularly in the US, and positive indicators of recovery in the construction industry contributed to increased Butyl Rubber demand. Additionally, OPEC+ production cuts leading to a surge in crude oil prices contributed to higher production costs and, subsequently, an increase in Butyl Rubber market value. APAC: In the third quarter, Buty...