Thailand to cut rubber exports next month

 

 

Thailand will begin to curb exports of natural rubber next month in a bid to address declining global prices.

 

The cut is in response to the decision of  the International Tripartite Rubber Council (ITRC)–consisting of Thailand, Indonesia and Malaysia–at the meeting in Thailand’s northern capital of Chiang Mai to restrict exports of natural rubber for a specific timeframe with the objective of addressing the current declining trend on natural rubber prices.

 

Deputy Agriculture Minister Luck Wajananawat said ITRC discussed concerns over falling prices and agreed to restrict their rubber exports by 350,000 tonnes in the first three months of next year.

 

Full story: http://englishnews.thaipbs.or.th/thailand-cut-rubber-exports-next-month/

 

 

-- © Copyright Thai PBS 2017-12-23

Never mind, business is sure to bounce back.

 

I'll get my coat.

So what are they going to do with production,stockpile it ,hope they learnt

from the problems of stockpiling rice,Godown owners will be earning big again.

regards worgeordie      Merry Christmas everyone.

So I am with you on this one. But it appears you fail to understand that thisis not a populist policy, this is not electioneering, this is not market manipultion, this is not contrary to free trade policies.......UNDERSTAND!

 

If you are not clear about these points a little Christmas attitude adjustment can be arranged. Happy Section 44.

 

Be aware Geordie.....they are watching.

 

On a personall note, Merry Christmas and a Happy New Year to you and yours.

 

Toon Army.

2 hours ago, worgeordie said:

So what are they going to do with production,stockpile it ,hope they learnt

from the problems of stockpiling rice,Godown owners will be earning big again.

regards worgeordie      Merry Christmas everyone.

 

15 hours ago, worgeordie said:

So what are they going to do with production,stockpile it ,hope they learnt

from the problems of stockpiling rice,Godown owners will be earning big again.

regards worgeordie      Merry Christmas everyone.

Rubber tapping season for most people ends at the end of January... Starts again late April...

Go figure.

There is no production mid Feb thru mid April.

So not difficult for these useless generals - sorry - govt ministers coming out with this shit.

"Restrict exports for the first 3 months of the year".

Hello - there is no production in late Feb and all of March.

Cretins, the lot of 'em.

17 minutes ago, thaiguzzi said:

Rubber tapping season for most people ends at the end of January... Starts again late April...

Go figure.

There is no production mid Feb thru mid April.

So not difficult for these useless generals - sorry - govt ministers coming out with this shit.

"Restrict exports for the first 3 months of the year".

Hello - there is no production in late Feb and all of March.

Cretins, the lot of 'em.

Did not know that,you learn something new everyday on TVF 

regards Worgeordie      Happy Christmas to all.