Weak rubber prices to remain in short term, says ANRPC

Tuesday 14th June 2016 | 0 Comments

 
Weak rubber prices to remain in short term, says ANRPC
Weak rubber prices to remain in short term, says ANRPC
The Association of Natural Rubber Producing Countries (ANRPC) reports that although the rubber yielding area in the countries it represents has considerably expanded this year (until the end of May 2016), this is unlikely to impact on rubber supplies as the average yield per hectare is declining. Furthermore, the ANRPC anticipates that demand for natural rubber will remain weak due to prevailing global economic uncertainties, including the threat of further US anti-dumping and countervailing duties, a measure likely to affect demand from China.

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Category: International News