Thailand, Malaysia and Indonesia poised for rubber futures market
As rubber futures trading moves away from its traditional base of Tokyo, South-east Asia is primed to take some of this volume
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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