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23 Apr 2019

Agriculture

Rubber price may increase slightly in 2Q19 but pressure persists throughout this year (Current Issue No.2983)

The attempt by the three natural rubber producing countries (Thailand, Indonesia and Malaysia) to boost rubber prices in 2Q19 by curbing rubber exports by 240,000 metric tons for four months from April-July 2019 amid the downward trend of rubber prices may prop up rubber prices somewhat. The measure may increase the rubber price to around THB43.0 per kilogram in 2Q19 from Bt41.9 per kilogram in 1Q19. However, KResearch views that the uptick is likely to be short-lived. ... Read more

23 Apr 2019

Agriculture

Rubber price may increase slightly in 2Q19 but pressure persists throughout this year (Current Issue No.2983)

The attempt by the three natural rubber producing countries (Thailand, Indonesia and Malaysia) to boost rubber prices in 2Q19 by curbing rubber exports by 240,000 metric tons for four months from April-July 2019 amid the downward trend of rubber prices may prop up rubber prices somewhat. The measure may increase the rubber price to around THB43.0 per kilogram in 2Q19 from Bt41.9 per kilogram in 1Q19. However, KResearch views that the uptick is likely to be short-lived. ... Read more