FRIDAY, March 29, 2024
nationthailand

Rubber farmers plead for help after price plummets

Rubber farmers plead for help after price plummets

Trang province’s rubber tree farmers have asked the government for help after the price of rubber suddenly plummeted following fresh Covid-19 lockdowns in Europe.

On Monday, the price in the latex market had dropped to Bt41-Bt42, from Bt70-71 a few days earlier, and is expected to fall further.

Siriphan Nuichoo, 46, a representative of rubber tree farmers in Trang, said that their incomes had dropped drastically as small 8-rai plantations could now only generate Bt300 a day.

Rubber farmers were growing other crops to eat in order to cut their expenses, he added. But they were still not making enough money to live since the cost of living was rising.

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