Asia
In Asia, chloroprene prices trended slightly lower in the third quarter of 2025, following a sharp fall in the price of butadiene, its main feedstock. The drop in butadiene costs reduced overall production costs, leading to softer market sentiment. Demand from downstream chemical and polymer sectors stayed muted, as slower manufacturing activity in China and weak export orders weighed on consumption.
Producers in Japan, South Korea, and China maintained moderate operating rates, but high inventories and limited buying interest pushed prices down. Overall, market conditions were balanced but weak, with chloroprene values easing slightly through the quarter.
Europe
In Europe, chloroprene prices also moved lower through Q3’25 amid subdued industrial activity and cheaper raw materials. Falling feedstock prices and sluggish demand from downstream sectors particularly in adhesives, coatings, and specialty intermediates kept the market under pressure. Supply remained stable, supported by consistent plant operations, but sellers faced challenges clearing inventories. Imports from Asia offered added competition, prompting some European producers to reduce offers to maintain market share. Despite occasional restocking toward the end of the quarter, the overall tone of the market stayed soft.
North America
In North America, chloroprene prices showed a stable to slightly downward trend during Q3. Weaker feedstock costs limited cost support, while demand from key consuming industries such as construction materials and performance chemicals remained steady but unspectacular. Refinery and petrochemical run rates stayed high, ensuring adequate feedstock availability. However, export activity stayed muted as Asian prices were more competitive. As a result, chloroprene prices drifted slightly lower, though the market remained relatively balanced without major supply disruptions.
Analyst Insight
According to Procurement Resource, Chloroprene prices are expected to remain under mild pressure, with weak butadiene costs and slow downstream demand keeping market sentiment soft across all major regions.