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Breaking News-RTRS-Indonesia says plans to cut rubber output by 30pct

Posted by Flora Sawita Labels:

JAKARTA, Oct 16 (Reuters) - Indonesia plans to cut production of natural rubber output by 30 percent this year to lift slumping prices, Agriculture Minister Anton Apriyantono said on Thursday.
The ministry also proposed scrapping palm oil tax when crude palm oil prices hit $650-$750 a tonne, Apriyantono said.

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