Global demand for rubber processing chemicals
is forecast to increase 4.7% per year through 2015 to 1.35 million metric tonnes.
Gains will be driven by continuing robust gains in the Asia/Pacific region and
recovery in demand in the US, Western Europe.
The unfavourable rainfall in the rubber
growing areas in the major rubber growing nations has interrupted the tapping
process, eventually pulling down the global supplies, which is likely to push
up natural rubber prices.
In India natural rubber imports are slowing down;
tyre makers are raising purchases from domestic market as auto sales are rising.
Rubber production in India peaks during October-January and starts falling from
February. Drop in tapping in Kerala has tightened supplies and drop in stocks
also aided the rise in natural rubber prices.
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