Low rubber price, major obstacle to reinvigorate Malaysian natural rubber

Asianewstoday

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Low rubber price, major obstacle to reinvigorate Malaysian natural rubber

By Professor Dato Dr Ahmad Ibrahim Malaysia has lost her position as a major player in the world natural rubber industry. The country has suffered much losses in revenue because of that. Nothing wrong with the policy though. Despite the growing attractiveness of palm oil, the government has always maintained the country’s commitment to NR. This is part of the nation’s agricultural diversification strategy. The country has kept the 1 million hect…