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Thai junta snaps up local rubber supplies

Buying spree revives domestic prices but fails to reduce global production surplus

HELP BEYOND RICE: The junta pays farmers directly and subsidises loans to help millers and growers with storage.


EIGHT months after Thailand's military junta started selling rice into an oversupplied global market, the officers are taking a different tack amid a rubber glut.

But this approach by Thailand, the world's biggest exporter of both commodities, may cause as many problems in...

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