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RAOT moves more than 200,000 tons of fresh latex from the system Hoping to push up innnews prices

economy

January 22, 2021 – 20:58

RAOT continues measures to extract more than 200,000 tons of fresh latex from the system, hoping to push up rubber prices higher and stabilize.

Mr. Nakorn Phakwirapat, Rubber Governor of Thailand (RAOT) revealed that The amount of fresh latex to market began to decline. Results from the rubber plantation in the northern region Northeast And the eastern region began to throw off the rubber tapping season While the demand for tires both at home and abroad is still high. RAOT has implemented measures to stimulate the extraction of fresh latex from the market more than 200,000 tons / year, including stimulus measures to buy fresh latex for processing. Go ahead with the rubber deflation project Including the role of RAOT’s business unit to accelerate its efforts to find foreign buyers Which measures of all these This will drive the market price of rubber higher and more stable.

While Mr. Suktat Tangwiriyakul, Deputy Governor of Operations Reveal the measures to stimulate the extraction of fresh latex from the market that RAOT supports farmers’ institutions to collect fresh latex. To delay sales Wait for the appropriate timing and sell, which RAOT will provide a tank to collect fresh latex with chemicals to extend the storage period of fresh latex to maintain the quality for 1-2 months to farmers’ institutions.

For the rubber softening project Has operated since October 2020, which slowed the sale of tires. By keeping it for sale during the reasonable price Or when farmers’ institutions are satisfied Which has now added fresh latex, raw rubber and smoked sheet rubber Into the project as well It is expected to slow down more than 50,000 tons of rubber with about 23,000 tons of fresh latex.

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