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Natural rubber prices to average $5.10/kg in 2012
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2 S+ a% t7 ~0 k n: xWednesday, October 5, 20111 S7 X- ~7 N2 ]& M8 c
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Singapore - Platts is reporting that Germany’s Deutsche Bank expects natural rubber prices to average $5/kg, $5.10/kg and $4.50/kg in 2011, 2012, 2013, respectively, the bank said in its latest quarterly commodities report published last week. The bank attributed the prices to tight supply, demand from China and the replacement tire market. |
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