Cambodia feels drop in Asian rubber prices
The end of export restrictions in Thailand and a lowering of economic growth forecasts out of top rubber importers China, the United States and Germany have caused natural rubber prices around Asia − and in Cambodia’s local industry − to fall from a two-month high. Future prices dipped 3.9 per cent to $2,550 per tonne last week on the Tokyo Commodity Exchange, about 23 per cent lower than this year’s peak in February. ... Government officials, however, chalked up the decline to a seasonal dip that did not pose a huge threat to the local market over the long term. ...
http://www.phnompenhpost.com/2013060666093/Business/cambodia-feels-drop-in-asian-rubber-prices.html
