Matai three Indonesian natural rubber price stability, cooperation

Malaysian plantation enterprises and commodities, Deputy Minister of Kexi Lan? Than 3, les said in Kuala Lumpur, the Malaysian Government is working with two other major natural rubber producing countries, Thailand and Indonesia to make joint efforts to stability in the international market price of natural rubber.

Kexi Lan said that the National Assembly the same day in Malaysia, Malaysia, Thailand and Indonesia the world's natural rubber output accounts for more than 80%, carried out by the three countries to cooperate on the international market price of natural rubber had a positive impact.

Malaysia, Thailand and Indonesia, three countries in 2001 decided to launch the tripartite cooperation in rubber production from early 2002 to start the implementation of rubber, "the Institute for Supply Management Plan", by controlling the export of natural rubber and stability in the international market supply and demand and price. At the same time, the three countries have also been implemented rubber "Agreement on export tonnage", in the natural rubber market crash of a sudden, short-term reduction in rubber exports.