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Saturday, 04 April 2015 - 21:09
Stipulated price for raw rubber from April 01
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The Government has taken steps to introduce a guaranteed price for natural raw rubber produced by rubber small holders.

The proposal made by Prime Minister to pay the difference between the certified price and the price in the domestic market to rubber smallholders by the Department of Rubber Development has been approved by the Cabinet.

The payment will be made based on the price in the domestic rubber market instead of the method which was earlier approved by the Cabinet of Ministers that had based on the price in the international market considering the reduction of rubber prices in the current domestic market.
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