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While the association of natural rubber producing countries (ANRPC) is expecting favorable prospects for the rubber market in 2017, non-ANRPC regions such as Europe and the U.S. are predicted to invite faster growth trends on the back of a refined economic outlook. The positive outlook of commodity sectors is anticipated to be reflected on the natural rubber (NR) industry as well. Apart from a plausible improvement in crude oil prices, the NR market could be fortified from an equitable supply-demand circumstance in Q2 2017.

Indonesia, Malaysia, and Thailand, which account for an estimate 70.0% of supply in the world rubber market, have agreed to share office for taking several efforts to ensure price stability. Reduced rubber tapping by Indonesian and Indian farmers and severe flood and heavy rainfall in South Thailand could continue to elevate rubber prices. Howbeit, large players still foresee prices to hold a volatile nature. The three leading rubber supplying countries have also agreed upon increasing demand as much possible.

Overall, the rubber market is prophesied to rise above the odds with joint efforts from different high supply and consumption countries. Get more insights on how the rubber market will behave in the near future with comprehensive reports made available in this repository.