According to a new research report by Global Market Insights, Inc.,a US-based global market research and consulting service provider, Industrial Safety Gloves Market is forecasted to reach US$6.7 billion by 2023, with the natural rubber (NR) gloves market expected to…
Tag: natural rubber
Global natural rubber prices hit a six-month high with 27% increase
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…
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,…