Thailand Rubber Market Analysis 2015; New Report Launched
The global market is currently in its fourth year of surplus of natural rubber. The excess supply situation has caused stocks to pile high and prices are falling steadily. It is estimated that global rubber production which reach 11.18 million tones in 2015, a growth of 5% year-on-year.Asia accounts for 93% of the world natural rubber production with Thailand being the largest producer followed by Indonesia and Vietnam. The rubber industry in Thailand is currently faced with lack of demand...
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