Rubber Price Drop
2012-4-19 0:00:00Font Size：Big Medium Small
The Standard & Poor’s GSCI gauge of 24 commodities rose 0.7 percent to 676.72 at 5:42 p.m on April 19. Singapore time. Amongst, Rubber dropped by the most in a week as a surge in bad loans held by Spanish banks raised concern that Europe’s economic woes may worsen, weakening demand for the commodity used in tires.
Bloomberg
- Tireworld Insight: Domestic tire makers eye overseas expansion
- Tireworld Insight: Price disparity severe between China's rubber exports and imports
- Tireworld Insight: China tire exports dependent on US market performance
- Tireworld Insight: SHFE rubber expected to move in tight range in short-term
- Tireworld Insight: Rubber futures to test near-term resistance at 15,000 yuan/tonne
- Tireworld Insight: China’s tire industry on track of rapid growth
