Dr. Sawar Dhanania, Chairman, Rubber Board, India, has said that the current outlook is not that much optimistic for both rubber producing and consuming sectors. He was delivering the presidential address in the 179th meeting of the Rubber Board at Kottayam. "The world economy is passing through a difficult time and the economic horizon is overcast with uncertainties adversely affecting investor sentiments and consumer confidence. This would have its downbeat effect on all economic and industrial sectors. There could be volatility in natural rubber (NR) market responding to weather conditions, currency movements, oil price variations, speculative factors etc. However, the expectation that developing and emerging economies would recover and would be in a sustained growth path is a consoling factor," Dr. Sawar Dhanania said.
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