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Hamburg, Germany: In the global market, the prices of Natural Rubber witnessed a slight decrease in the first month of xxxx. At the start of xxxx, the cost of Natural Rubber exhibited a decline from its previous high, creating favorable conditions for downstream industries to capitalize on purchasing during downturns. Nevertheless, the prime season for fresh rubber in Thailandx;s primary production zones lacks significant strength. Despite the favorable situation for the downstream sectors, the purchasing activities were low in January xxxx due to the accumulated inventory levels which were sufficient to fulfill the tepid demand from the downstream Tyres and Automotive industries. Therefore, the production of Natural Rubber was executed at a slower pace to avoid further accumulation of the inventories and so the existing ones could be utilized first.
In the German market, the prices of Natural Rubber TSR-xx...
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