Rubber futures and physical rubber markets in Asia continued falling from Monday to Wednesday in the wake of a continued fall of Shanghai stock exchange and market concerns about the lingering Greek debt crisis despite natural rubber supply in producing countries was very tight caused by severe drought.
However, the improvement in the Shanghai stock exchange on Thursday and Friday could pull up most of rubber markets in the region for the rest of the week.
It is expected that the rubber market as a whole in the coming week is likely to continue improving after a deal on Greece is reached and investors’ confidence have returned.
