Natural rubber prices continue to slide

London – Natural rubber buyers seemed unswayed by a proposal for new output curbs among the three main producer countries or efforts by supplier bodies to talk up the market, as prices continued to slide in Asian trading centres.

In recent weeks, the Association of Natural Rubber Producing Countries and the International Rubber Consortium (IRCo) forecast price recovery on the back of weather-related supply-disruptions and improved market sentiment, while Indonesia, Malaysia and Thailand have signalled a new plan to limit NR exports.

However, ERJ’s latest snapshot of…

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