Rubber Market may get Squeezed: "Forecasted production cutbacks by overseas producers may squeeze the rubber m..."
Forecasted production cutbacks by overseas producers may squeeze the rubber market much tighter in 2010. The Indonesian Rubber Association says that country will reduce its output this year to 2.2 million metric tons from 2.5 million tons due to lower prices. And Thailand, Indonesia and Malaysia will cut shipments by as much as 48,000 tons a month in the second half, according to the International Rubber Consortium.
Thursday, August 13, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment