The three major rubber producing countries will maintain their rubber export policy unchanged

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China Drying Network News According to Reuters news, a senior Thai government official said on Wednesday that the world’s three largest rubber-producing countries have agreed to maintain the policy of reducing rubber exports, but felt no need to take additional measures to support the price of rubber.

The current rubber price is less than half of the record high in February 2011. In support of rubber prices, Thailand, Indonesia and Malaysia agreed in August to reduce rubber exports by 300,000 tons. They began to reduce rubber exports from October 1 and plan to implement them until the end of March next year.

"We don't have any new measures at this stage," said Wit Pratuckjai, head of the Thai Rubber Plantation Assistance Fund Office. "However, we will continue to reduce exports as planned."

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