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The world’s three largest rubber producing countries Indonesia, Thailand, and Malaysia, have agreed to start reducing rubber exports. As members of the International Tripartite Rubber Council (ITRC), the three countries decided on this policy to boost rubber…
Indonesian rubber exporters agreed to cut their exports of that commodity in line with the Agreed Export Tonnage Scheme (AETS) starting March until August this year. “AETS scheme agreed upon by the three member countries of the International Tripartite Rubber…
Asia’s top rubber producers have agreed to cut exports by 615,000 tonnes for six months from March, moving to lift prices that have tumbled to their lowest since the global financial crisis amid excess supply. Benchmark rubber futures in Singapore and Japan…
Indonesia’s rubber businesses are eyeing a boost in sales and exports next year as the global automotive industry, one of the sectors that the rubber industry relies on, has begun recovering after being hit hard by the global economic downturn. Lees ook: New…
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