According to the Vietnam News Agency website reported on November 27, the Indonesian Rubber Association (DKI) has instructed the country's rubber production companies, such as the world rubber prices below 3 US dollars / kg will be suspended for export. The president of the association, AZIS PANE, said that the move was aimed at curbing the continued decline in world natural rubber prices and stated that the demand for rubber in China, Japan, and the countries affected by the economic crisis has continued to decline, and it is expected that the second quarter of 2012 will be the lowest.
Reported that the current trading price of natural rubber remained at 3.4 US dollars / kg level, compared with the previous year's $ 4.5 / kg fell by 32.35%.
Reported that the current trading price of natural rubber remained at 3.4 US dollars / kg level, compared with the previous year's $ 4.5 / kg fell by 32.35%.
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