Industry News

February 05, 2020 2020
Prices are stable in the natural rubber market

The delay in resuming work of tire enterprises will have a negative impact on the short-term natural rubber demand, and the accumulation of inventory brought about by the increase in imports in the early days will also apply pressure on the rubber price. However, the current global low-yield period, southern Thailand will also be affected by the weather cut early, end-to-end price support. RU2005 is trading on a high trading range of 11,000-11,600 for the short term and NR2004 on a 9100-9700 range.

Passenger car sales in Europe rose 1.2 per cent in 2019 from a year earlier, the highest since 2012. Japanese light vehicle sales fell 1.5% in 2019.

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