Saturday, 30 April 2011

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Rubber prices likely to be lower next week

  • Saturday, 30 April 2011
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  • Lack of demand especially from China due to its high level of rubber inventory is likely to drag prices in Malaysia down next week. Thailand also was selling their latex at lower prices compared to the market in Malaysia, a dealer said. Rising supply from major rubber producing countries could also put pressure on prices, he added. This week, the Malaysian Rubber Board's official daily



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