NR market may look up on modest economic recovery

摘要

Natural rubber market has been on the decline over the past few years. Lately it reached the nadir in recent history, touching Rs. 150 a kg. Recent developments suggest that the price may bottom out in the near-term, though the recovery may not be strong enough to give a boost to the market as the record import of 2013 and carryover of its balance to 2014 may cushion the supply.