Rubber Prices

Add a New Bears Reason Concept: Rubber Prices Headline: (100 character max) Analysis: Cancel 100% agree 1 votes   Rubber prices could drop in 2009 Top Contributor: Bret Holmes | Last edited on 04/21/09 | Edit | History Rubber prices may be due to drop as much as 35% and tire makers may report a 6.8% sales slump in 2009 as the global recession cuts auto demand, according to the government-funded International Rubber Study Group in Singapore. Rubber prices have been on a tear, rising 42% in the last four-months. Prices are 18% higher than alternatives made from oil and may fall as global tire demand plunges the most in three decades, according to Bloomberg. (100 character max) Cancel

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