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Baht rise forces rubber importers to buy from Indonesia
BANGKOK, Oct 13 - Thailand's strengthening baht has forced natural rubber importing countries to switch to purchasing from Indonesian suppliers instead, causing a slump in Thai rubber exports this year compared to 2006, according to a report issued by the Kasikorn Research Center.
The stronger baht is bad news for Thai rubber producers and exporters, the report said, and worse yet, the leading think tank sees Indonesia overtaking Thailand as the world's leading producer and exporter of......
