Indonesian Rubber Association of North Sumatra province branch of the Secretary-General said that the Chinese rubber importer in the future will work with Indonesian rubber producers to conduct direct trade, and no longer through Singapore.
Not long ago from China Rubber Industry Association, led by a rubber importer composed of a trade delegation to visit North Sumatra province of rubber production base, and with the local rubber producers exchanges.
China is now the world's largest importer of rubber annually imports about 1,500,000 tons of rubber, mainly used in the production of wheels. In 2005, Indonesia's rubber exports to China to 250,000 tons, accounting for China's total rubber imports by 16%, lower than Thailand, Malaysia, Singapore. Indonesia is expected next year to China's rubber exports will increase 30% -35%. Due to China's natural rubber and rubber compound for a different tax rate of imports, natural rubber 20%, 5% rubber compound, so I hope more Chinese importers imported rubber compound. Indonesian rubber producers plan to take advantage of this opportunity to increase the production of rubber compound to meet Chinese demand.
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