By Supunnabul Suwannakij
April 12 — Exporters from Thailand, Indonesia and Malaysia, will meet next month to discuss ways to minimize price difference between their shipments to help boost global rates, Pongsak Kerdvongbundit, honorary president of Thai Rubber Association, says in interview in Phuket, Thailand.
* Exporters should set range to avoid undercutting each other
* Had informal talks with Indonesian and Malaysian exporters
* Will further discuss issue at Asean Rubber Business Council meeting in May and at Thai Rubber Association annual meeting, also in May
* Thai exporters have been buying rubber from Tokyo Commodity Exchange, where prices are cheaper
* Purchases will continue as long as Tokyo prices are lower than Thailand’s.
Source: Bloomberg
