Officials of Thailand, Malaysia and Indonesia attended the a special meeting of the International Tripartite Rubber Council (ITRC) in Bangkok on 13-14 March. A statement from ITRC said the inconsistent and incorrect statistical data provided on natural rubber stocks has given rise to negative market sentiments in the market. The International Tripartite Rubber Council (ITRC)
Thailand, Indonesia and Malaysia have announced that they are seeking tenders to create a regional rubber market. These three countries currently produce 65% of the world’s natural rubber but do not have a futures market. They have had to rely on exchanges such as the Shanghai Future’s Exchange (SHFE), the Singapore Exchange (SGX) and the
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