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Indonesia, Malaysia and Thailand to cut rubber exports

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The three Southeast Asian countries grouped in the International Tripartite Rubber Council (ITRC) will cut exports by 615,000 tons in the six months until August 31, 2016. Indonesia agreed to cut its exports by 238,736 tons, while Malaysia and Thailand pledged to reduce their overseas shipments by 52,259 tons and 324,005 tons, respectively.


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