Monday, 21 February 2011
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Rubber prices up threefold in 3 years
SINGAPORE : Rubber prices have risen threefold in the last three years, affecting prices of rubber products in Singapore too. Reports attributed the increase to rising demand in emerging markets like China, and bad weather in Thailand, which is the main rubber exporter. Traders said Japan's biggest tyre manufacturer, Bridgestone, has increased prices of its tyres, and some tyre dealers in
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