Rubber Industry Analysis in Thailand
The global market is in a state of surplus of natural rubber inventory. The excess supply situation has caused stocks to pile high and prices are falling steadily. It is expected that global surplus by the year 2020 will be approximately 1 million tons of natural rubber and 3 million tons of synthetic rubber. World demand for natural rubber, which is primarily used to manufacture tires, is cooling down due to the economic downturn in China.It is expected that in...
View full press release