China, India hold the key to set NR price trends: Reyong Kittipol

摘要

The future of the rubber industry depends largely on the economic development in China which is the biggest consumer of rubber. Although China's GDP is growing at an impressive pace, the rise in inflation is a cause for concern. If China's rubber consumption declines, it will seriously affect the industry. The price of rubber will come down. The next decisive factor is India. India has good GDP, big population and availability of manpower.