Consumer price inflation in the eurozone rose marginally in November, but remained marginally above the European Central Bank’s medium-term target, suggesting that interest rates will remain on hold for the foreseeable future.
Recent updates from ANRPC member countries indicate that global natural rubber (NR) production is projected to rise modestly by 1.3% in 2025 compared to 2024, following a downward revision of Indonesia’s production as referred to the last publication. Concurrently, NR demand is expected to grow by 0.,8% in 2025, driven by an upward revision of Indonesia’s consumption base as referred to the last publication. Market sentiments were mixed, showing some signs of improvement in the tire trade in specific markets.
Source : ANRPC
The UK and the US have agreed a deal to keep tariffs on UK pharmaceutical shipments into America at zero.
