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    Home > Chemicals Industry > Rubber Plastic News > Thailand, India and Malaysia want to work together to stabilize rubber prices

    Thailand, India and Malaysia want to work together to stabilize rubber prices

    • Last Update: 2022-10-20
    • Source: Internet
    • Author: User
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    According to news from Thailand on October 6, Nakorn, director of the Thai Rubber Bureau, and Kavica, deputy director of the department, received a visit from Datuk Ravi Muthayah, deputy minister of the Ministry of Planting and Raw Industries of Malaysia, and his team on the same day, and the two sides discussed
    cooperation in the rubber industry.


    Malaysia's Ministry of Planting and Raw Industries (MPIC) expressed its intention to promote cooperation between Malaysia, Thailand and Indonesia, the three major rubber producing countries, to jointly formulate international rubber price minimum standards and maintain rubber price stability to ensure the equality
    of rubber farmers in the three countries.


    Malaysia said that it is willing to cooperate with Thailand and Indonesia in all aspects, and these three countries, as the world's largest rubber producers, can take joint actions, including jointly formulating international rubber standards to treat rubber growers fairly, and jointly setting the minimum rubber price to promote fair trade, which is good news
    for rubber growers in Southeast Asia in the future.

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