You are here

Slump in rubber prices likely over: Michelin

Global demand for tyres seen rising 2-5 per cent in the next five years; tyres account for 70 per cent of natural rubber demand


THE slump in global natural rubber prices is probably over because producers are finding it harder to cover their costs and will cut output, according to Michelin & Cie, Europe's largest tyremaker.

Rates have reached a floor of about US$1.50 a kilogram, Luc Minguet,

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom