-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
According to Thai media reports on July 4, the Thai Rubber Administration implemented a policy of slowing down rubber sales in order to stabilize rubber prices, pushing agricultural institutions into the commercial sector and improving their competitiveness
.
The director of the Bureau Nagong revealed that although the current rubber production on the market has decreased, the production of the rubber industry continues to expand.
The Thai Rubber Management Bureau continues to implement various measures, including slowing down the rubber sales volume of the Rubber Farmers Association.
The northern region has implemented since 2020 to stabilize the price of rubber, slowing down the sales volume of rubber cups (DRC 75%) until completion.
Since then, farmers participating in the project have been able to sell products at a fair price and receive an overflow price of 4.
In this regard, the Thai Rubber Administration will provide funds to improve the liquidity of the Rubber Farmers Association.
In terms of managing the production of members’ products, 80% of the liquidity of the credit line of rubber prices will be provided by the Thai Rubber Administration 15 days in advance based on the central market’s average The price controls the price of rubber and sells it through the Central Rubber Market Office or the online market of the Marketing Department of the Rubber Authority of Thailand
This year, Prachinburi Rubber Plantation Fund Co.
, Ltd.
In addition, the Rubber Administration of Thailand will purchase 100% fresh latex juice in the central and southern regions to enter the rubber sales project
.
On July 1, 2021, the opening price of the raw rubber market was 55.
60 baht per kg, and the opening price of smoked rubber was 56.
72 baht per kg.
In any case, rubber prices are still favorably affected by the depreciation of the Thai baht against the US dollar
.
There is rain in southern Thailand, which is not conducive to rubber tapping.
At the same time, there is a shortage of rubber tapping workers due to the inability of workers to cross-border.
