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DMIP |
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The INRO (International Natural Rubber Organization) Daily Market Indicator Price (figure 1) DMIP 80-99 is the benchmark for the market intervention; it is expressed equally in Malaysian ringgit sens and Singapore dollar cents. As a result of reaching a record level and remaining above the `ceiling' for most of the year, the annual average DMIP in 1995 was the highest since INRA's inception in 1980. To prevent an automatic upward revision in August, the DMIP would need to fall by an average of 1. |
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