Fag end of the year brings cheers to rubber growers
December 15, 2020
Demand for latex in making gloves, protective devices boosted the demand and prices of rubber - Getty Images/iStockphoto
Demand for latex in making gloves, protective devices boosted the demand and prices of rubber - Getty Images/iStockphoto×
Prices hit 6-year high on upturn in consumption
As the world awaits a recovery from Covid-19, the natural rubber prospects are looking up with an upturn in demand and prices towards the end of 2020.
Widespread use of personal vehicles after the coronavirus scare has led to a buoyancy in automobile sector leading to a higher demand for tyres.