JAWA may expand rubber exports to S. Korea
Bareksa • 28 May 2014
A man collects latex at a rubber plantation in Kuala Nerang, in the northeastern state of Kedah in this September 14 - (Reuters/Zainal Abd Halim)
The domestic market absorbs 77 percent of JAWA’s rubber output, leaving about 3,048 tons for overseas destinations
The Jakarta Post - Publicly listed plantation firm PT Jaya Agra Wattie (JAWA) is targeting a new contract for exports to South Korea, despite a downward trend in rubber prices since the beginning of this year that has disrupted rubber producers’ sales.
JAWA finance director Bambang S. Ibrahim told kontan.co.id that PT Haein Resources Co. Ltd., a Seoul-based company that engages in construction and agricultural equipment businesses, has expressed an interest in importing natural rubber from JAWA.