Saturday, 19 February 2011
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Rubber prices likely trend higher
Malaysian rubber prices are expected to continue on a upward trajectory next week as prospects of a shortage of rubber continues to hang over the market, a dealer said. He also said it is a sellers market at the moment, as buyers continue to search for supply. According to the World Rubber Association, rubber prices are expected to remain high, since demand is forecast to be 11.15 million
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