"rubber"

Thailands rubber exports shot up by over 50 per cent year on year during the first five months of 2021, the Ministry of Commerce said.

SET-listed rubber producer Sri Trang Agro-Industry estimates global demand for natural rubber will rebound to 13.4 million tonnes this year, a rise of 7 per cent from last year.

Several protesters were hit by the so-called “not so lethal” rubber bullets on Sunday night. Here’s what you should know about this ammunition:

Police raided a warehouse in Pathum Thani on Thursday after getting a tip-off about an operation in which used rubber gloves were being cleaned and resold.

The Rubber Authority of Thailand (RAOT) is spending Bt700 million to upgrade rubber-processing plants as part of its Smart Farmer programme, RAOT chairman Prapan Boonyakiat said on Wednesday.

The rubber price is expected to rise for the next few months as production declines and demand increases, experts said.

The price of rubber rose as the worst flooding in 30 years in the South, where most of the rubber is grown, has had a direct impact on rubber supply in Thailand.

The price of rubber latex bounced back to Bt48 per kilo on Thursday after plummeting from Bt70-71 to Bt41-Bt42 earlier this week.

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.

The prices of latex and rubber products have plummeted following the announcement of a lockdown in Europe to prevent Covid-19 from spreading, Thai Latex Association president Chaiphot Reungwarunwattana said.

The Rubber Authority of Thailand estimates that rubber prices could soon reach Bt100 per kg, significantly above the government’s guaranteed price, after many rubber producing nations reeled under floods while demand from China jumped due to the country's local governments promoting the use of small vehicles.

Export of Thai rubber gloves in September increased 154.9 per cent compared to the same period last year, while exports in the first nine months of 2020 expanded 61.4 per cent year on year, thanks to skyrocketing demand due to Covid-19, a source from Ministry of Commerce said on Friday.