Interesting background15 Mar 2021 15:53
which makes me see why DKL would be a good fit but would not go in large scale. From 2018
h t t ps: //phys.org/news/2018-08-ivory-coast-global-rubber-glut .html
We're not earning anything from it any more, we have nothing," says a rubber farmer in Ivory Coast, Africa's top producer, where revenues from natural rubber have been slashed by global oversupply.
Over the past decade, world rubber prices skyrocketed only to quickly slump to the point where they are now a fifth of what they once were because of a glut in the market, with many Ivorian producers seeing their profits vanish into thin air.
Farmers and the country's natural rubber association APROMAC, which represents the sector, also blame the high state taxes.
Ivory Coast accounts for 60 percent of Africa's rubber output and ranks seventh in terms of global production, with a predicted output of 720,000 tonnes in 2018, up from 468,000 tonnes in 2016 and 603,000 last year.
And that figure is set to grow by 20 percent over the next three years.