Thailand promoting massive growth in oil palm production at expense of rubber

Global rubber prices have tumbled more than 25 percent this year on persistent worries about demand from top consumer China and oversupply

* To hike compensation for farmers who cut trees, switch to palm * Global rubber prices down by more than…

Full text: http://in.reuters.com/article/2014/08/05/thailand-rubber-idINL4N0QB24C20140805

Author

Apornrath Phoonphongphiphat

Source

Reuters.com, 2014-08-05.

Supplier

Thai Department of Agriculture

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