IRCO-rubber plantation-NR

Natural rubber prices show signs of stabilisation

London – Natural Rubber prices have been following a positive trend since end of June, with markets showing clear signs of stabilisation since the sharp hikes and then reversals in first half of the year.

Trading in Far East markets in July and August was mostly influenced by a recovery in crude oil price, as well as the negative impacts of higher rubber inventories on regional futures markets.

On the Shanghai Futures Exchange, ERJ’s analysis found the closing price for RU1801 – the most heavily traded NR…

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