Thai rubber price drop

Thailand, the world's lagrest producer and exporter offer rubber prices RSS-3 grade for oct shipment at $2.01 per k.g. down from $2.10. The negative affect from US goverment impose duty of 35% of automoblie tires from China. China is Thailand largest export market, in 2008 Thailand export 820,000 tons to China of overall 2.3 million tons. Import tariff may lead to decline China's tires procution which weight on Thai's rubber export price.