Natural rubber prices fall sharply as oversupply looms

London – As a curb in natural rubber exports from the three main producer countries came to an end on 31 March, prices fell sharply across key Far East markets.

Weakening demand and trade tensions between China and the US were also cited by traders as contributing factors to a wave of declines on NR markets.

On the Shanghai Futures Exchange, spot prices for RU1805 – the most heavily traded NR future – stood at Yuan11,290/tonne on 30 March, 13% down on the level noted on 28…

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