19 Mar 2024
Agriculture
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22 Aug 2023
26 Aug 2022
The overall income of Thai rubber growers may remain favorable at around THB261-271 billion in 2022, an increase of 2.8-6.6 percent YoY, supported primarily by prices. The average price of rubber sheet grade 3 may stand at approximately THB54-56/kg, driven by demand from the auto-tire and medical glove industries. Meanwhile, rubber supply is projected to remain unchanged from that reported for 2021 at around 4.84 million tons because of favorable climate conditions despite risks stemming from high fertilizer prices and the leaf fall disease that is expected to worsen. ... Read more
16 Nov 2020
KResearch is of the view that concentrated latex prices in Thailand will likely bounce back over the short term or during the remainder of 2020 through to 2021 to a range of THB53-58/kg. The recovery will be supported by steady demand growth seen in rubber gloves, especially rubber medical gloves. This will offer bright prospects for Thai rubber, ... Read more
5 May 2020
KResearch assesses that the coronavirus (COVID-19) pandemic in 2020 will be a short-term factor causing the rubber price structure to change over the long term. This represents an important turning point that will result in a new normal of rubber prices, i.e., rubber prices will likely move within a narrow range and it will be difficult for prices to increase compared to those seen in the past. It is expected that the new normal of Thailand’s Natural Rubber Ribbed Smoked Sheet No. 3 (RSS3) prices will be within a range of THB30-50/kg. from 2020 onwards. ... Read more
23 Apr 2019
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
21 Dec 2017
KResearch views that rubber prices will likely rise during the first quarter of 2018 (‘1Q18'), given positive factors that include... Read more
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