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ANRPC Ups Demand Forecast But Challenges From External Factors Remain
30 Views22 Sep 2021 10:20
Association of Natural Rubber Producing Countries (ANRPC) revised its demand forecast to 14.1 million tons, up from 13.7 million tons for 2021 anticipating better demand from the Asian market lead by China and India. However, a combination of increasing global Covid cases and a disrupted supply chain could dampen the market confidence.
What is covered in the Full Insight:
- ANRPC Demand Forecast Revision
- Current Market Realities and Challenges
- Impact on Automotive Sector
- Supply Chain Disruptions and Production Issues
- Price Volatility and Future Outlook
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