Global demand for both synthetic rubber and natural rubber is set to grow to almost 40 million tonnes by 2020, according to Singapore-headquartered trade organisation International Rubber Study Group. This projection may encounter a few hiccups as 2017 unfolds since, currently, season-related latex rubber shortage, especially from major Asian producers, is tightening rubber supply, the Association of Natural Rubber Producing Countries (ANRPC) cited in its report published in January.
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