Sunday, 20 February 2011

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High prices, tight supply to spur rubber plantation

  • Sunday, 20 February 2011
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  • Rubber prices are on track for successive record highs as robust Asian economies led by China step up purchases, prompting producing countries to expand plantations to capitalise on the insatiable demand. Traders, policy makers and investors head to a rubber conference in Cambodia from Monday at a critical time when tight supply in major producing countries could see prices hitting new peaks up



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