|
Fluctuating downtick of natural rubber price
2010-07-29
Considering the production and import of natural rubber in China, it is estimated that the total supply of natural rubber in China could reach 245,000 MT. And domestic consumption would be 150,000 MT. The inventory remains at a low level. In short term, due to the increase of supply along with reducing demand, the prices of natural rubber will show a fluctuating downward trend. In long term, insufficient supply will show in 2010, which drives the prices rising to a high level.
|