BANGKOK: The world's top three rubber producers have agreed to keep up a policy of cutting exports, but see no need for additional steps to support prices, a senior Thai government official said yesterday.
In a bid to prop up prices, now standing at less than half of a record high attained in February 2011, Thailand, Indonesia and Malaysia agreed in August to cut exports by 300,000 tonnes. They started cutting exports from Oct 1, in a plan that runs through the end of March.
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