Monday, 4 April 2011

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Oil prices drive demand for natural rubber

  • Monday, 4 April 2011
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  • LOCAL rubber producers could reap a windfall from higher international prices, the Myanmar Rubber Planters and Producers Association says. U Khaing Myint, the association's secretary general, said international prices have nearly doubled since the end of December, rising from US$3000 a tonnes to $5600 on March 29. Recent increases in the crude oil price, which has nearly hit $107 a barrel � the



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