Sinochem has signed an agreement with the Rubber Authority of Thailand to purchase 200 kilotonnes of natural rubber.
The deal marked Sinochem’s largest natural rubber order in 2015, according to a statement from the China state-owned enterprise.
The announcement coincides with on-going trade talks between China and Thailand, focused on enhancing co-operation between the two countries.
The talks included a 17 Dec meeting between Thai prime minister Gen Prayut Chan-o-cha and Wang Yong, Chinese state councillor.