Mexico natural rubber prices fell sharply-Iota

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Service > Mexico natural rubber prices fell sharply

Mexico natural rubber prices fell sharply

Mexico's "reform newspaper, June 26 reported, according to statistics from the National Committee of rubber ink, ink market of natural rubber price drops continuously since the beginning of this year (2015). By the end of 2014, the price of natural rubber is 2.1 million pesos / ton, $1 about 15 pesos), while the current price is 7000 pesos per ton.
President Pena Association said ink rubber, rubber prices mainly because of the impact of imports. 2014, ink natural rubber imports increased from 81000 tons to 92000 tons, an increase of 12%. Ink natural rubber producers are heavily impacted by foreign imports, or will be presented to the ink government to increase tariffs or anti-dumping investigation application.

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