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For the Quarter Ending June 2023   North America   For the Quarter ending June 2023,  Ethylene Acrylic Elastomer (AEM) prices  showed a consistent increase in the USA market, driven by the strong market performance of the automotive industry. Concerns about the impact of rising interest rates on consumer spending remained high, but recent data suggests that consumers were comfortable spending large sums of money. The automotive industry faced acute semiconductor shortages in the first half of the year amid supply concerns that delayed mass assembly until the situation stabilized in the second half of the year. The combination of better supply and rising consumer demand led to strong growth into the second fiscal quarter. External factors such as the bankruptcy of two large financial institutions in the last quarter of the year had a negative effect on the second quarter of the year, but a temporary suspension of the national debt ceiling prevented a recession. The co...