Friday, 15 January 2016

Today's Rubber Market Report by MarketMagnify

Thailand's government will buy 200000 tonnes of rubber directly from farmers at prices of up to 60 baht a kilogram, nearly double the market price, in a bid to placate increasingly disgruntled farmers as prices dip to a seven-year low.

Thai government has ordered eight ministries to buy rubber to help struggling farmers.

China imported 500,000 tons of natural and synthetic rubber in November 2015, representing an increase of 51.5 percent compared to the same month of 2014, according to statistics released by the General Administration of Customs of China.

www.marketmagnify.com
Ph: 0731-6619100

No comments:

Post a Comment