Ly Phalla (Ministry of Agriculture & Fisheries) & Experts’ Insights on Rubber Market Outlook at RubberPlant Summit, Cambodia

Siem Reap, Cambodia (Vocus/PRWEB) January 04, 2011

Convening 21 to 22 February 2011 in world heritage city Siem Reap, the RubberPlant Summit addresses opportunities for rubber plant investments & best practices in plantation management. It features world-class panel of experts and in-depth analysis of industry outlook in key rubber producing countries including Thailand, Vietnam, Indonesia, Cambodia & China.

Rubber prices peaked at a near 30-year high earlier this month, driven by tight supplies in Thailand and growing global demand. Natural rubber producing countries are encouraging investments and new plantations as demand continues to climb.

As the rubber sector heads towards new heights, CMT puts together the timely RubberPlant Summit to address the world rubber industry concerns, from policy developments, to cultivation techniques for increased yield, to agro-economic challenges and more.

The 1.5 day summit will be opened by His Excellency Ly Phalla, Director General of the General Directorate of Rubber, Cambodia. In his keynote address he will give an overview on Cambodias outlook and prospects for natural rubber, where the country stands out for her vast land availability and concession incentives for foreign investors.

Program highlights include first-hand insights from the President of Thai Rubber Association, Dr Luckchai Kittipol (CEO of Thai Hua Rubber Public Co. Ltd.) on latest rubber developments in Thailand. With production output forecast to be lower in the coming year, Dr Kittipol will address the challenges and supply constraints in the future as well as developing new areas for rubber cultivation.

Sime Darby Plantation Sdn Bhds presentation on Economics of Rubber Cultivation vis-

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