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5 Oct 2011: Thailand To Keep Natural Rubber Floor Price At THB120/Kg

— Thai government maintains floor price for natural rubber at THB120/kg, or around $4/kg

— Thai agriculture ministry will ask Indonesia and Malaysia to do the same

— IRCo: Indonesia and Malaysia likely to cooperate; floor price based on fundamentals

— IRCo: Indonesia and Malaysia have agreed to slow exports to support prices

Source: Dow Jones

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« 5 Oct 2011: Tocom Rubber Settles Up; Thailand Sets Floor Price
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This entry was posted on Wednesday, October 5th, 2011 at 4:28 pm and is filed under Rubber News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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