The rubber Council of the three hottest countries

2022-07-25
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The rubber Council of the three countries has not taken any measures to promote supply

recently, the table of the rubber Council of the three countries (ITRC) has laid the foundation for the long-term safe operation of the power transmission and transformation infrastructure in the "one belt and one road" high humidity and heat environment, indicating that it will not seek to set a new threshold price for rubber, and the organization has not taken any measures to promote supply

Bernard dompok, former Minister of the Ministry of planting and industry of Malaysia, is satisfied with the current rubber price and believes that there is no need to look at the lowest price. The current rubber price is helpful to improve production to avoid rust and should maintain the brightness

1 the price of rubber in January was more than US $3 per kilogram

in the joint statement, the rubber Council of the three countries stressed the need to continue to monitor global demand and take appropriate measures to deal with negative price trends such as long return periods

itrc is a subsidiary of the international rubber Union (IRCO), which is composed of three major natural rubber producing countries in the world - Thailand, China, Indonesia and Malaysia. The agency uses supply related mechanisms to manage prices

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