China considers how to rein in runaway rubber prices


By Lee Chyen Yee SHANGHAI, Feb 26 (Reuters) - The Chinese government is considering calls to rein in runaway domestic rubber prices which a powerful industry association said are threatening the prospects of some businesses, officials said on Wednesday. The China Rubber Industry Association called in a report on the government to consider raising import quotas, trim import duties or release strategic stocks to relieve prices in the world's second biggest rubber consuming nation. "We've ...

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