Natural rubber still weak, cartel mooted

London – Natural rubber prices remained weak in the month of April, ERJ’s latest snapshot of the main Far East markets has revealed.

Despite a rise in crude oil prices, and the consequent pressure on synthetic rubber prices, NR prices showed little sign of strengthening last month as wintering season came to an end in south east Asia.

On the Shanghai Futures Exchange, spot prices for RU1805 – the most heavily traded NR future – stood at Yuan11,260 on the week ending 4 May, almost on a…

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