Natural rubber production likely to fall due to poor demand with the impact of Coronavirus continuing to be felt.
Coronavirus Hits Natural Rubber Production
The Association of Natural Rubber Producing Countries (ANRPC) has said that it expects global rubber production to fall by close to 5 per cent in 2020. The main cause is the drop in demand from the automotive sector.
There may have been an increase in the use of rubber for gloves during the pandemic, but that does not make up for the drop in demand from the tyre manufacturers or automakers.
“The outbreak of the COVID-19 pa...
