Industry News

December 18, 2019 2019
Natural Rubber market prices in the near future at a high level

Natural Rubber price higher on December 17, 2019, with RU2005 closing up 0.19 per cent at 13,125. NR2003 closed up 1.16 percent at 11,065. On the market side, there is less rainfall in southern Thailand and raw material production capacity has been increased. High profit level of processing production, boost processing. Yunnan China stop cutting, Hainan end of December stop cutting.

Downstream tire factory production stability, general procurement enthusiasm, good for the commodity market as a whole. Rubber prices are currently high, the market is cautious trading, December and January cumulative expectations exist, there is pressure on prices. Rubber extrusion profiles manufacturer still observe natural rubber price trends..


SUBSCRIBER TO US GET ALL THE LATEST INFORMATION ON EVENTS,SALES AND OFFERS.

8618669704986