ANRPC: NR price rebound to continue in 2017

Kuala Lumpur – Last year saw a rebound in natural rubber prices, particularly in the fourth quarter, driven by recovery in crude oil market, supply concerns, renewed expectation of a US-led faster global economic recovery and the resultant improved demand outlook, the Association of Natural Rubber Producing Countries (ANRPC) has reported.

In its latest Natural Rubber Trends & Statistics, published 13 Jan, the ANRPC noted the impact of a recovery in crude oil price. This was driven by the OPEC’s deal on 30 Nov 2016 to…

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