Rubber futures and physical rubber markets in Asia improved slightly comparing with an earlier week, mainly caused by low natural rubber (NR) supply in producing countries in Asia.
However, weak rubber market sentiment, unsteady movement of global stocks, commodities and currencies still weighed on rubber futures in the region during the week.
It is expected that NR prices in the coming week will be mainly influenced by both the current NR supply tightness and weak rubber market sentiment further.
Source: IRCo
