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Rubber prices reach a new high

Jan 24, 2011 5:31:37 AM - itnnews.lk

Sri Lankan rubber has fetched the highest price in 130 years.

A kilogram of rubber has earned 654 rupees. The Rubber Brokers Institute says that it is the highest price recorded in 30 years. Fluctuation of prices takes place every week although this is the first instance which recorded a price as high as this. The rubber cultivators say that the incentives provided by the Government had been instrumental in the price increase.