DECLINE IN RUBBER PRICE
Received Mondav, x.lo p.m. SIXGAPORE, Mhv 2u. Malaynn economy has sutf'ered its most serious setback since the liberati on in the decline in the price of rubuer from 4.'! Straits cents per II). to iess than 30 last weekewl, says the Britis'howned Straits Tiines. The United Planning Association of Maluv has suniinoiied an emergency nieeting of prudui'ers and dealers at Sitigapore on May 2 s to explore the situation and devi.se tcniporary measures to eouuteract the decline. ■ The straits Times says it is plain that production has caught up with consump tion and urges, once a settleinent is reaelied in Indonesia, the negotiation oi a new internatioual ruhl»i;r regulation scheine with the Americans participating and with American agreement on price levels.
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Chronicle (Levin), 27 May 1947, Page 5
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125DECLINE IN RUBBER PRICE Chronicle (Levin), 27 May 1947, Page 5
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