Govt to buy rubber at Bt45 a kilo
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Deputy Prime Minister in charge of national security, General Prawit Wongsuwan revealed Thursday that 16 government agencies from eight ministries would buy 100,000 tonnes of natural rubber sheets directly from planters at a price of Bt45 per kilogram to
The price of latex, which is used to make rubber sheets, has hit a 10-year low at Bt31 per kilogram on January 11. The National Farmers’ Council (NFC) estimates the production cost of rubber sheets at around Bt60 per kilo. The NFC had proposed that the government buy latex at Bt55-Bt56 per kilo and rubber sheets at Bt60 per kilo.
