Live Breaking News & Updates on Association Of Natural Rubber Processing Countries

Malaysian Rubber Board sees tight outlook for natural rubber prices
Malaysian Rubber Board sees tight outlook for natural rubber prices
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KUALA LUMPUR The Malaysian Rubber Board expects natural rubber prices to trade within a tight range amid a third wave of COVID-19 in Europe and slower vaccine rollouts.
Prices look set to be supported by tighter supply due to Pestalotiopsis leaf disease, the wintering season and La Nina in some parts of the NR producing countries, according to MRB s latest monthly digest.
The Association of Natural Rubber Processing Countries forecasts world NR production to fall 12.4 percent, year-on-year, to 897,000 metric tons in February 2021. ....

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