Login ID:
Partner Login
Contact Us : 7066511911

Thailand To Produce 4.9MT Of Natural Rubber In Year 2020

17 Nov 2020 9:02 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai (Commodities control) – Thailand is expected to produce some 4.9 million tonnes of natural rubber in current year said Rubber Authority of Thailand (RAOT) Governor Nakorn Tangavirapat on Saturday.

Of the total natural rubber production projected, some 4.18 million tonnes are bound for export to world markets including China and Britain, Nakorn said.

An estimated 11.2 billion US dollars in value of rubber export is expected throughout this year, reports Xinhua citing the RAOT governor.

Meanwhile, he said the rubber prices at domestic markets may rise up to 80 baht (about 2.65 US dollars) per kilogram by the end of this year due in part to China’s increased manufacturing of automobile tires, rising external demands for latex gloves in the face of the global pandemic and the reduced volumes of rubber production in Indonesia and Vietnam.

The natural rubber is currently selling for an average of 66.76 baht (about 2.21 US dollars) a kilogram at domestic markets.

  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  

Top | Post Comment  

Latest Market Commentary
Kottayam/Kochi Rubber Rates – 27 January-2021
Malaysia Rubber Physical Prices (Sen/Kg) – 27 January-...
Bangkok/kualampur Rubber Rates –27 January-2021
Shangahi Rubber Price – 27 January 2021
Shangahi Rubber Price – 27 January 2021
Top 5 News
Chana Traded Mixed in Spot Mkts
Domestic-Imported Tur Weak in Major Mkts On Increased A...
Global Uncertainty Dampens Sentiments Of Guar Complex, ...
Mixed Price Trend in Spot Coriander; Med-Upper Range Ri...
Kottayam/Kochi Rubber Rates – 27 January-2021
Top 5 Special Reports
USD/INR (Jan ‘21) – Weak Price Trend / Next Target at 7...
Cotton Yarn Prices Set to Move Higher amid Expanding Sp...
Weekly: Urad-Chana Post Strong Gains, While Masoor-Whi...
USD/INR (Jan ‘21) – Weak Price Trend / Next Target at 7...
Copyright © CC Commodity Info Services LLP. All rights reserved.