Meanwhile, Indonesian natural rubber production is expected to touch 3.18 million tons this year, a jump of 5%. In a report yesterday by Association of Natural Rubber Producing Countries, it was said output in Malaysia the third-largest producer, may gain 6.2 percent to 980,000 tons.
“The recent uptrend in the natural rubber furtures may be attributed to the depreciation of..
“China may step up rubber purchases on hopes for demand recovery later this year,” sa..
“For intra-day NMCE traders may sell below 16100 with stop loss of 16250 for target 15900,&..