Low China demand may keep local rubber prices down until 2015
Cambodia’s rubber price is expected to fall further in coming years while government projects aimed at doubling rubber resin production will take effect by 2015, according to the latest figures from the Rubber General Department. Mak Kimhong, president of the Cambodia Rubber Association and owner of Chhop Rubber Plantation in Kampong Chham, said the rubber price has declined by nearly half from the middle of the year until now and will fall further to US$2,500 per tonne by the end of 2013. …
