Thailand, Malaysia and Indonesia poised for rubber futures market

Regional organisation takes first step on road to rubber futures

Rubber trees
Tapping the market: ITRC exploring rubber futures

The major rubber producing countries of Thailand, Malaysia and Indonesia are looking to establish a South-east Asian market for rubber futures through the International Tripartite Rubber Council (ITRC), a regional organisation that they jointly founded in 2001.

As a first step, the ITRC will launch a physical rubber market by the middle of next year, which according to Yium Tavarolit, chief executive of the council's secretariat, will help reduce price volatility, benefitting both producers and

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