Rubber price: Major upturn in global NR prices not imminent

Mathews A Saji

Rubber price: Major upturn in global NR prices not imminent - Rubber Asia 2013 - 82-86

the dull setiment in global natural rubber(NR) market is likely to continue for some more time in the baxkdrop of the weakening demand for the commodity. NR physical prices have been falling in the first half of 2013. Concerns over weak demand on continuing fragility in the global economic recovery as well as the negative sentiments on account of high levels of stocks in China and producing coountries indicate that a major upturn in prices is not imminent.


IRSG
Natural rubber