IRSG: Rubber demand to grow 1.8 per cent in 2015

The Secretariat of the International Rubber Study Group (IRSG) has published its annual report, which suggests total world rubber demand will increase at 1.8 per cent and 4.1 per cent in 2015 and 2016 respectively. This is below the long-term growth rate of 3.7 per cent under the IMF Scenario (the report refers to three scenarios – IMF, downside and oil price) to 29.1 million tonnes in 2015 and to 30.3 million tonnes in 2016.

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