Thailand to go ahead with rubber sales


BANGKOK: Thailand pledged to go ahead with a plan to sell 200,000 tonnes of rubber from state stockpiles, shrugging off strong opposition from farmers and helping drive down global prices to near the lowest in more than four years.

Thailand, the world’s largest rubber producer, had last month intended to sell rubber it had bought from farmers, but no sales were made amid threats from farmers to stage protests.

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Business , Business , Thailand , rubber , commodity

   

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