Rubber prices are expected to go up backed by initiatives from rubber producing countries, said Minister of Plantation Industries and Commodities, Datuk Amar Douglas Uggah Embas.
He said the Association of Natural Rubber Producing Countries (ANRPC) should strengthen cooperation, particularly on the supply side of the commodity.
“If there is no major excess in supply, then definitely prices will rise,” he told a press conference on rubber production incentives in Kuala Lumpur on 17 Oct. 2014.