Global rubber markets face significant uncertainty heading into Q1 2025, with mixed signals from major markets and ongoing supply challenges in Asia. Short-term supply shortages, uncertain US and EU demand, and potential shipping cost spikes ahead of anticipated policy changes are expected to impact market dynamics.
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Ivory Coast, the world's third-largest natural rubber producer, has outlined a comprehensive strategy to enhance its position in the global rubber market.
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EU Commission extends Deforestation Regulation implementation, offers new guidance, and enhances international cooperation to ensure smooth global adoption of anti-deforestation measures.
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US urges EU to delay deforestation import ban, citing exporters' unpreparedness. Global producers oppose, but EU stands firm on Dec 30 implementation.
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As we reflect on the tumultuous year of 2023, this article aims to encapsulate the pivotal developments in the rubber market and their potential implications for 2024.
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EU's deforestation law challenges Southeast Asia's rubber sector, with small farmers facing tough compliance and supply chains under scrutiny.
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On June 29, 2023, as a significant part of the European Green Deal, the European Union implemented the Deforestation-Free Regulation (EUDR).
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