Natural Rubber Price Forecast 2020

The current forecasts were last revised on september 26 of 2020.

Natural rubber price forecast 2020. Monthly prices for rubber worldwide from january 2014 to june 2020 u s. Natural rubber market overview. Ground rubber consumption by end use 2017 leading rubber companies in india based on net profit 2018. Outlook for natural synthetic rubbers long term forecasts of supply demand and price for natural rubber nr and the bulk synthetic rubbers esbr ssbr br.

Japanese rubber futures traded at near three week high of 217 yen per kg after rising 5 last week the first weekly gain in three. The average annual price of natural rubber at the singapore commodity exchange one of the key global commodity. 2020 vs 2026 1 4 2 north america estimates and forecasts 2015 2026 1 4 3 europe estimates and forecasts 2015 2026. The global demand for natural rubber is predicted to grow at a cagr of 4 8 percent 2019 2023 and the production is set to touch 17 mmt million metric tons by 2022 from the current level of 12 43 million mt the automobile market is anticipated to increase the demand for natural rubber production in thailand and indonesia.

Please consider that while trading economics forecasts for commodities are made using our best efforts they are not investment recommendations. Rubber prices fluctuate upwards short term attention to upward pressure global rubber analytics outlook fundamental supply and demand double growth pattern natural rubber prices maintain. The market has been buoyed by yoshihide suga being confirmed as japan s first new prime minister in nearly eight years and by the bank of japan offering a slightly more upbeat view on the economy. Trading economics provides forecasts for commodity prices based on its analysts expectations and proprietary global macro models.

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