Rubber up $100 a tonne in a week
The price of rubber jumped to $2,500 per tonne last week after months of the commodity steadily dropping, industry analysts reported. The jump of $100 a tonne, or 4.2 per cent, comes after the price for rubber dropped in June from above $3,000 per tonne, according to data from the Cambodia Rubber Association. … He attributed the change in price to three things in particular: the economic recovery in the United States and China, the work of the International Tripartite Rubber Council (ITRC), and the rainy season. …
http://www.phnompenhpost.com/index.php/2012092558889/Business/rubber-up-100-a-tonne-in-a-week.html
