According to
a report, India is the world’s fifth biggest natural rubber producer. Natural
rubber price in Indian dipped to their lowest in 4 and ½ years. All this
happened due to the unbalance demand supply chain, not even in Indian market
but few time ago a report confirmed that the price of Indian natural rubber is
falling in international market too.
One side
where the rubber producer is unhappy with this huge drop in price, other side the
consumer of natural rubber like tyre industry is taking it as a good change to
enhance their profitability. Lower rate of natural rubber would bring down the
raw material cost used in rubber products manufacturing such as tyre and other
automobile parts.
For more detail please refer the following link
http://www.mydigitalfc.com/news/bears-rule-natural-rubber-counter-177
