Indonesia rules out rubber quotas to support prices

Newswire

JAKARTA, June 29 (Reuters) - Indonesia, the world's second-largest rubber producer after Thailand, will not impose an export quota to stem falling global prices, the trade minister said on Friday. The Indonesian Rubber Association (Gapkindo) urged the government this week to hold an International Tripartite Rubber Council (ITRC) meeting to plan measures to support prices. "We are not going to implement an export quota on rubber," Trade Minister Gita Wirjawan told reporters. "We have not ...

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