Cambodia International Political Economy

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Cambodia Economy Sees Rubber Prices Soar

December 3rd, 2009 · No Comments

Domestic rubber prices in the Cambodia economy rose 44 percent in 2009 according to Xinhua.

The key driver to the rubber price increase is less production and higher demand for tires as the global vehicle industry continues to grow especially in China.

Cambodia is a member of the Association of Natural Rubber Producing Countries (ANRPC) a trade group that has seen rubber production fall by 5.1 percent this year.

Tags: Cambodia Economy

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