Rubber tumbles to 5-year low

FrieFrench

Junior member
42 0
Tokyo rubber futures prices, which set the global trend, fell last week to their lowest level since 2009, as concerns about oversupply and weak demand from top consumer China sparked heavy selling by speculators.

Commodity experts say the increase in acreage under rubber about seven years ago in key rubber producing areas like Thailand and Malaysia has now translated into higher supply.

Via Rubber tumbles to 5-year low
 
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock