Global prices for natural rubber (NR) soared to a six-month high, with benchmark futures prices on the Tokyo Commodity Exchange (TOCOM) up 27% from the recent low in late August this year. TOCOM’s RSS3 rubber sheets contract for April 2017…
Tag: natural rubber
Consumption for synthetic rubber outpaces natural rubber
THE All India Rubber Industries Association (AIRIA) has noted that synthetic rubber (SR) consumption is reaching a compounded annual growth rate (CAGR) of 15-20%, more than twice as much as the achieved 5-7% consumption growth of natural rubber. Niraj Thakker,…