MUMBAI – Rubber contracts ended higher on the Indian Commodity Exchange today due to fresh buying as restarting of operations by some auto units raised hope of a revival in demand, analysts said.
TOKYO (Reuters) - The dollar slipped on Friday as investors defied a broader sense of doom around upcoming U.S. employment data and found reasons to buy riskier currencies with more governments slowly reopening their economies for business.
Crude oil futures gave up earlier gains on Thursday, with downbeat comments from Federal Reserve officials on economic activity and some doubts over producer compliance with the OPEC+ output-cut agreement prompting prices to settle lower.
MUMBAI – Rubber prices, which have fallen 10% over a month, may crash by another 8-10% in the coming three-four weeks as demand is seen flattened due to the extended lockdown on account of COVID-19 pandemic.
In April, the NR consumption forecast for 2020 to 13.016 million tonne which is down 5.1% from the previous year.
The Association of Natural Rubber Producing Countries releases its Natural Rubber Trends & Statistics, April 2020. The foreword of Secretary-General as follow:
