Abstract
Since price is one of the most important parts of economics and the market, there are a lot of articles that have done more research on the topic of price. And the price of rubber varies all the time all over the world. There are many cases showed a significantly decreasing or increasing in the price of rubber, rubber is also a typical raw material in the world. The question is what are the reasons of the change in rubber prices? One method is available that is using different economics principles from microeconomics and macroeconomics to illustrate this question in three aspects. After that, the conclusion is that the changes in price of rubber in India is because of the changes in the quantity of demand and the quantity of supply of rubber in India, also it will be influenced by some national conflicts or some other accidents, and the causes of demand, supply changing are the reasons of rubber price changing as well. Mostly factors in the market changed will have impacts on the value of price.
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