Tuesday, July 20, 2010

Malaysia: No drastic rubber demand change

Malaysia can’t see any “drastic” change in rubber supply and demand at the moment, Plantation Industries and Commodities Minister Datuk Bernard Dompok told reporters in Kuala Lumpur today.

The Southeast Asia country is still expecting to produce 900,000 metric tons of the commodity this year, Dompok said.

It is also encouraging smallholders to replant, he said. Malaysia is aiming for 40,000 hectares of annual replanting, Dompok said.

(btimes.com.my)
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