Three top rubber producers to cut exports from March to lift prices

Jakarta

ASIA's top rubber producers have agreed to cut exports by 615,000 tonnes for six months from March, aiming to lift prices that have tumbled amid excess supply to their lowest since the global financial crisis.

Farmers and traders were not impressed, however, saying the cuts - which account for nearly 6 per cent of global natural rubber output - were too small to have a lasting impact.