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Rubber+prices+recover+at+slow+pace
Sunday, 07 September 2014 - 18:12
Rubber prices recover at slow pace
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The boom in rubber prices that producers enjoyed during the past 3 years has come to an end, and today the market experiences a continuous decline in prices.

Reports indicate that the price decline is mainly associated with global price decline as a result of oversupply and low demand.

However, during the past few days, rubber fetched relatively higher prices at the Colombo auction, compared to global prices as a result of adverse weather and low supply.

 
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