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IRCo`s WEEKLY RUBBER MARKET SNAPSHOT: 21 – 25 April 2014 05/05/2014

An oversold market situation still depressed rubber futures in Asia during the week as investors were worried about a slowdown in Chinese economy and a glut of natural rubber (NR) supply this year as estimated by the Rubber Economist recently which had further dampened investor confidence and market sentiment.

In this regard, the Rubber Economist will have to take responsibility if the estimation is incorrect especially with regard to the surplus of NR supply by the end of the year.

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