As per the report published by Global Market Insights Inc., the global Nitrile Butadiene Rubber Latex Market was estimated at USD 2.5 bn in 2022 and is expected to surpass a valuation of $7 billion by 2032, progressing at a CAGR of 10.3% from 2023 to 2032. The report provides a detailed analysis of top winning strategies, drivers & opportunities, competitive scenario, wavering market trends, market size, statistics & estimations, and major investment pockets.

Cambodia exported 322,586 tons of dry rubber in the first 11 months of 2022, up 2.9 percent from 313,447 tons in the same period last year, said a General Directorate of Rubber report on Monday.

India aims to implement quality control measures for the light engineering, rubber, cement and concrete building materials industry by next year, a government source told Reuters on Monday.

 Oil prices extended gains into a second consecutive session on Tuesday as markets bet that a Chinese reopening, U.S. buying and a potentially colder-than-expected winter will spur a demand recovery going into 2023, despite increased fears of a global recession.

The dollar edged down against the euro as upbeat German business morale data supported the common currency, while a modest improvement in investors' appetite for riskier currencies weighed on the safe-haven dollar.

 Asian share markets were trading mostly in negative territory on Tuesday, as investors anticipated a somewhat rocky road for China's unwinding of COVID restrictions and the prospect that U.S interest rates will rise higher than expected in 2023.