The Vietnam Rubber Association (VRA) expected the country’s rubber exports to register a 5.5-10% year-on-year growth for 2016 and hit 1.2 to 1.25 million tonnes. But Vietnam’s rubber export industry exceeded expectations when it hit 1.26 million tonnes with a…
Tag: rubber exports
Stop-gap measures for rubber exports
According to reports, the International Rubber Consortium (IRCO) will advise member countries Thailand, Indonesia and Malaysia to slow down their natural rubber exports as well as reduce raw rubber sales until prices are at a reasonable level for both sellers and buyers.