Media Release by the International Rubber Consortium (IRCo) on 4 April 2019, Bangkok, Thailand
The Board of Directors (BoD) of the International Rubber Consortium (IRCo) met on 4 April 2019 in Bangkok, Thailand. The BoD consists of representatives from Thailand, Indonesia and Malaysia. The meeting reiterated the implementation of the 6th Agreed Export Tonnage Scheme (AETS) through their respective domestic regulators for the period of 4 months since 1 […]
Indonesia, Malaysia and Thailand Agree to Cut Rubber Exports
Indonesia, along with two other members of the International Tripartite Rubber Council (ITRC) — Malaysia and Thailand – will cut the export of natural rubber in an attempt to stabilize the commodity’s global price. Starting April 1, Indonesia will cut rubber exports by 98,160 tons over the next four months, while Malaysia will cut the […]