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INDONESIA MAY GRAB CHINESE AND INDIAN SHARE OF TIRE MARKET.
JAKARTA, Aug 1 Asia Pulse - Indonesia could grab a larger share of tire market in the world taking advantage of shrinking supplies from China and India.
Tire producers in the two Asian giants are facing difficulty in securing basic material in natural rubber, the Indonesian association of tire producer (APBI) said.
Indonesia, the world's second largest producer of natural rubber, has no problem in basic material supplies.
APBI chairman Aziz Pane predicted the country's exports of tire will reach at least US$1 billion this year up from ...
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Source: HighBeam Research, INDONESIA MAY GRAB CHINESE AND INDIAN SHARE OF TIRE MARKET.