Japanese Rubber Production, Shipment Value Decline for Second Straight Year

Japanese production and shipments of rubber goods for 2016 continued in what has been a trend of decline in recent years. According to figures released by the Ministry of Economy, Trade and Industry (METI), the shipment value of rubber goods for last year decreased for a second consecutive year, falling 4.6 percent to drop to 2.1737 trillion yen ($19.13 billion)….

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