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Rubber price at 2-year low due to mismatch in demand, supply: Report
short by Srishty Choudhury / on Tuesday, 29 November, 2022
Rubber prices are trading at a two-year low for second straight day in the global markets. After COVID-19 restrictions were lifted across the world, its production rose considerably, however, demand didn't reportedly rise as much. Its prices witnessed a sharp fall in the last month led by concerns about a global recession, supply chain issues and COVID-19 restrictions in China.
read more at CNBC-TV18