The price of rubber exceeded 60 baht / kilo for the first time in 3 years, the government was confident in the right way.

The price of rubber exceeded 60 baht / kilo for the first time in 3 years, the government was confident in the right way. Go ahead with the strategy “Marketing leads to production” manages the demand for national supply.

Ms. Ratchada Thanadirek, Deputy Spokesperson for the Prime Minister’s Office It revealed that the price of smoked rubber sheets, grade 3 in the last week, moved more than 60 baht per kg. This is the first time in 3 years and is likely to continue to rise from global market demand. Especially China, which has large orders after the economy has recovered to give Thai rubber competitive potential. It is more in demand than products from other countries. Therefore, production must meet the market demand for both price and quality. That the Ministry of Agriculture and Cooperatives has set a strategy Production of marketing leads Assigned to the Rubber Authority of Thailand (RAOT) cooperate with relevant agencies to develop new products / add value. Expand and reduce restrictions on natural rubber products. Penetrate the market for specific rubber products Expand international markets Reduce production costs There will be many major projects such as

1. Project to support research and development of rubber products for the new generation Create quality personnel for the rubber industry. 2. Plan to boost startups This is to help funding sources to increase competitiveness in the international market and 3. Rubber Valley Project. Make Thailand a global manufacturing center for innovative rubber products. It is currently under study on its value and attraction of investors. RAOT select areas in Nakhon Si Thammarat province expected to be completed by the end of the year.

For the spread of COVID-19 Despite the impact on the overall rubber demand at the beginning of the year But the export of Thai rubber gloves Which is the second in the world after Malaysia Instead, it has a growth rate of 8 -15% with exciting opportunities plus the potential of the country. The government points to Thailand as the world center for the production of natural rubber gloves. This year it is expected to have a total value of at least 40 billion baht, with the Ministry of Agriculture being the main responsible. It will be integrated by working with many sectors such as the Ministry of Commerce promoting marketing Organizing activities to promote Thai exports through commercial matchmaking activities between traders and buyers of rubber gloves. Collaboration of the National Center for Metals and Materials Technology Service of the Department of Sciences Various universities and rubber glove operators In research and development on rubber glove innovation and technology, and together with product development to target markets international

Ms. Ratchada said that the government has made progress in managing domestic demand and supply for rubber. Because he realizes that he cannot depend solely on export.In the past, the use of rubber by government agencies has accelerated, for the year 2020-2022 there is a plan to use 1 million tons of rubber from the Ministry of Transport in the transit equipment project. More than that There are measures to reduce the supply of rubber. With the aim of creating a stationary zone of 2 million rai in an area that is not suitable That will be encouraged to plant alternative economic crops or combine crops It is expected that the volume of production will be reduced by around 500,000 tons, initially with the objective that within 3 years, it will have a stationary zone of 4 hundred thousand rai.

“The price of rubber tends to rise. Given the needs of the world market and China, the use of” marketing-driven production “will give Thai rubber more opportunities to export than to other countries. It is important to ask farmers, institutions, farmers and entrepreneurs that work together to adjust market demand. It cannot do what it used to do, ignoring the market and its competitors. Regarding measures to increase the amount of rubber in the country from the government sector AND reducing the area of ​​rubber plantations will certainly help to raise the price of rubber in the long term For income insurance projects for rubber producers It has been approved in the principles of the natural rubber policy committee. Awaiting consideration By the cabinet, farmers are assured that the government has measures to stabilize rubber prices. And it takes care of the rubber planters when lower the price But everything will be successful must come from the cooperation of all sectors, “said Ms Ratchada.