BANGKOK: The Rubber Industry Smallholders Development Authority (Risda) desires member international locations of the International Tripartite Rubber Council of Thailand, Indonesia, and Malaysia to come back to an settlement on fixing the price of the commodity.
Risda chairman Datuk Seri Mohd Salim Sharif stated rubber smallholders need the see the price of rubber proceed to rise like different commodities in order that they might have extra revenue.
“It is our hope that world rubber producers like us come together and discuss the floor price of rubber so that we can control the supply and hence help increase the income of smallholders,” he instructed reporters right here.
Prime Minister Datuk Seri Ismail Sabri Yaakob, in assembly his Thai counterpart Prayuth Chan-o-cha throughout his official go to to the nation final Friday, raised the concept of controlling the provide of rubber amongst the member international locations in order that it advantages them in addition to rubber smallholders.
Mohd Salim welcomed the suggestion, saying the assembly between the two prime ministers has opened a brand new alternative for rubber smallholders in the nation to manage the price and provide of the commodity. — Bernama
