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Thai government earmarks another THB30 Bln to support rubber price

The Thai government has reportedly approved an additional 30 billion baht (USD971 million) to support the country's rubber price intervention program, according to an authoritative source on Tuesday.

 

The government has already spent 15 billion baht this year on the program, in a bid to stabilize rubber prices.

Thailand is the world’s largest rubber exporter.

 

(Contributed by Olivia, olivia@tireworld.com.cn)

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