Since the fourth quarter of 2018, rubber farmers in Indonesia have been hit by falling prices, prompting the government to find ways to stabilize rubber prices through cooperation with neighbouring countries.
The largest rubber producers are China, Indonesia, Malaysia and Thailand. Other countries include Papua New Guinea, the Philippines, Singapore, Sri Lanka, Thailand, Vietnam, Cambodia and India.
President Jokowido has been concerned about the decline in rubber prices, which affect the welfare of small farmers.