Rubber shippers from Thailand, the largest producer, pledged to avoid selling below output costs as suppliers in Asia take steps to halt a slump in prices of the commodity used in tyres. Futures reached a one-week high.
A worker walks atop piles of smoked rubber sheets to be processed at the Thai Hua Rubber Plc's factory in Amnuktong, Rayong province, on Jan 29 this year. (Photo by Bloomberg)
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.