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Banking

Bad weather may affect Indonesia's rubber crop.

Bad weather may affect Indonesia's rubber crop. The Jakarta Post reported that according to an estimate of the Indonesian Rubber Association (Gapkindo), the heavy rains forecast for the coming months may cause Indonesia's rubber output in 2006 to fall short of the target of 2.2mn tons by 50,000 tons. However, this loss of production might help to boost rubber prices. Rubber prices have fallen from a mid-year high of around USD 2.50 per kilogram to USD 1.70 per kilogram.

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