03/04/2011

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FAR EAST: Malaysia to hold talks on rubber prices

The Malaysian government will hold talks with other key rubber producers Indonesia and Thailand to ensure prices of the commodity don't fall too rapidly, Malaysia's Deputy Plantation Industries & Commodities Minister Hamzah Zainuddin told reporters in Kuala Lumpur today (4 Mar 2011).

"We want to see prices of rubber stable at one range,” Hamzah said. "Prices of rubber should be around RM12 to RM15 per kilogram and it's enough for everyone to make money."(Syed Rashid Ali, Karachi, Pakistan)

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