IRSG forecasts rubber demand to rebound by 7 in 2021

摘要

SINGAPORE: The International Rubber Study Croup (IRSC) foresees a significant recovery in global natural rubber (NR) and synthetic rubber (SR) markets in 2021-from the big declines seen last year due to the Covid-19 pandemic. In the December 2020 edition of its World Rubber Industry Outlook, the Singapore-based industry body estimates that total global rubber demand will rebound by 7.1 in 2021. This compares to a year-on-year decline of 8.0 in overall rubber demand, to around 26.5 million tonnes, estimated for 2020.