By Salvatore Pinizzotto, Secretary General, IRSG:

Global natural rubber market is going through a dull patch of late with no signs of an imminent boom. Natural rubber, being both an agricultural crop and industrial raw material, its demand primarily relies on GDP and industrial production growth, and on supply side, certainly as agricultural commodity, it has a lot to do with planting investments that were committed 5-7 years ago and the weather-induced volatility that drives price actions, says Salvatore Pinnizzotto, Secretary General, International Rubber Study Group (IRSG). In an interview to Rubber Asia, Pinnizzotto touches upon the global NR scenario and sustainability issues in detail. According to him, NR market is likely to remain more or less balanced in the medium term. Excerpts:

READ MORE