Rubber market likely to trade quietly yet steady next week | Malay Mail

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Rubber market likely to trade quietly yet steady next week

A woman taps a rubber tree at a plantation in Beranang in this February 3, 2009 file picture. — Reuters pic

The dealer hopes that the decision made by the International Tripartite Rubber Council , comprising Thailand, Indonesia and Malaysia, to limit total rubber exports to 240,000 tonnes for four months since April 1, 2019 could help offset some negative impact on the commodity in the near term. “Besides that, the wintering season in several rubber-growing areas has reduced the supply of raw material and provided some support.

 

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