Jakarta (ANTARA News/Asia Pulse) - Indonesia's rubber plantations are expected to expand by 300,000 hectares to 3.8 million hectares this year. Both state and private plantation companies plan expansion boosted by an increase in the rubber price in the world market, an official of the agriculture ministry said.
Expansion has also been recorded in smallholders' plantations in the past three years, Plantation Director General Achmad Mangga Barani said.
This year, Indonesia's production target is set at 2.6 million tons, up from 2.5 million tons last year. Indonesia is the world's second largest producer of rubber after Thailand with Malaysia third.