The hottest South Korea buys Malaysian SMR20 rubbe

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South Korea buys Malaysian SMR20 rubber

Kuala Lumpur news: South Korean Buyers have purchased small quantities of tire grade SMR20 rubber, which will be delivered in July. Due to tight supply, the price of rubber in Malaysia is relatively strong. South Korea's purchase volume in this life is not less than 100 tons, and the transaction price is 205 Ma Fen, about 53.95 cents/kg, about 53.16 cents/kg higher than the official price in Malaysia

in addition, the world's three major rubber producing countries agreed to establish a rubber alliance at the meeting held in Bangkok on Thursday to manage rubber inventories and reduce production to raise prices. Recently, ministers from India, Malaysia and Thailand, the three major rubber producing countries, held talks in Bangkok to discuss ways to raise rubber prices

statement: it also helps the whole industry to develop towards social professional cooperation.

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