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

  • 📰 malaymail
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines