Thursday, March 17, 2011

'Markets favourable for more rubber latex exports'

KOTTAYAM (Commodity Online) : Latex producers should make long term arrangements to export their produce on a regular and steady basis, said Sheela Thomas, Chairman, Rubber Board of India while speaking in a meeting of the latex producers convened by the Board, here Thursday.
She said that public sector rubber companies, being major producers of latex, should make special efforts in this direction.
The meeting noted that the prevailing market situation, wherein the international latex price is ruling higher than the domestic price, is favourable for exports. Participants also observed that it would be advantageous for Rubber Producers’ Societies, which market their produce as latex, to switch to sheet making considering the price differential.

(Source: http://www.commodityonline.com/news/Markets-favourable-for-more-rubber-latex-exports-37340-3-1.html)

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