North East Rubber Public Company Limited, or NER, is one of the rubber exporters with a customer base in both EUDR and non-EUDR markets, which are its main and strongly performing markets. Interest in NER shares remains unabated after the EUDR regulation in the European Union came into effect. As the EUDR-compliant goods market draws more attention, supply in the non-EUDR market will tighten accordingly, since some of the rubber demand is being diverted into the EUDR market. This will support rubber prices in the traditional market, allowing it to reap the full benefits of these factors. NER therefore stands to gain on both fronts.
North East Rubbers Public Company LimitedEUDR regulation boosts demand for NER's EUDR-compliant rubber while tightening non-EUDR supply, benefiting it on both fronts.
EUDR-driven demand diversion tightens non-EUDR rubber supply, supporting natural rubber prices.
