webfact Posted June 22, 2020 Share Posted June 22, 2020 Huge demand for rubber gloves, condoms sees latex price rise By THE NATION The Rubber Authority of Thailand (RAOT) reported a surge in the latex price due to soaring demand for rubber gloves and condoms. “The latex price in June is Bt44.52 per kg, an increase of Bt4.34, or 10.89 per cent, compared to the same period last year, and 6.46 per cent from the previous month,” said chairman Praphan Boonyakiat. “The Covid-19 crisis has spurred demand for rubber gloves for medical purposes as well as condoms. “Many rubber manufacturers in Europe and the United States have expressed an interest in establishing factories in Thailand, as we have kept the outbreak under control. They predict the situation will see sustained demand for medical gloves for at least 3-5 years,” Praphan said. “If the trend continues, it will probably be the first time the price of latex has soared beyond sheet rubber.” The RAOT reported rubber exports in five months totalled 1,686,992 tonnes, decreasing 3.51 per cent compared to 1,748,405 tonnes during the same period last year. The Coronavirus crisis has forced many countries to go in for a shutdown. Among importers of Thai rubber, China is the only one that purchased an increased amount of rubber products – at 1,069,889 tonnes – rising 10.03 per cent from last year’s imports of 972,389 tonnes. Exports to the Asian giant alone made up 63.42 per cent of Thailand’s total rubber exports. In the past five months, Malaysia imported 148,919.4 tonnes, a decrease of 8.8 per cent year-on-year, the United States purchased 77,549.89 tonnes, a 27.8 per cent drop, Japan bought 80,995.73 tonnes, a 13.5 per cent decrease, and South Korea imported 39,064.35 tonnes, a drop of 19.68 per cent. Source: https://www.nationthailand.com/news/30390053 -- © Copyright The Nation Thailand 2020-06-23 - Whatever you're going through, the Samaritans are here for you - Follow Thaivisa on LINE for breaking COVID-19 updates Link to comment Share on other sites More sharing options...
PatchinExPat Posted June 23, 2020 Share Posted June 23, 2020 Sounds like good news. Always open to good news. Link to comment Share on other sites More sharing options...
rkidlad Posted June 23, 2020 Share Posted June 23, 2020 4 hours ago, webfact said: Huge demand for rubber gloves, condoms sees latex price rise Who knew there were so many kinky people out there. 1 Link to comment Share on other sites More sharing options...
billybog Posted June 23, 2020 Share Posted June 23, 2020 maybe rubber tree businesses may pick back up. Link to comment Share on other sites More sharing options...
hotchilli Posted June 23, 2020 Share Posted June 23, 2020 2 hours ago, billybog said: maybe rubber tree businesses may pick back up. Nah they'll find something else to whinge about ! Link to comment Share on other sites More sharing options...
Popular Post NCC1701A Posted June 23, 2020 Popular Post Share Posted June 23, 2020 3 hours ago, rkidlad said: Who knew there were so many kinky people out there. Hi. 3 Link to comment Share on other sites More sharing options...
ratcatcher Posted June 23, 2020 Share Posted June 23, 2020 2 hours ago, billybog said: maybe rubber tree businesses may pick back up. In that case, they will bounce back. Link to comment Share on other sites More sharing options...
Rookiescot Posted June 23, 2020 Share Posted June 23, 2020 20 minutes ago, NCC1701A said: Hi. Been busy mate? 1 Link to comment Share on other sites More sharing options...
khunPer Posted June 23, 2020 Share Posted June 23, 2020 (edited) 33 minutes ago, NCC1701A said: Hi. Many thanks for supporting the rubber plantation... Edited June 23, 2020 by khunPer 1 Link to comment Share on other sites More sharing options...
Scott Tracy Posted June 23, 2020 Share Posted June 23, 2020 We want guaranteed prices, just like every other agricultural and horticultural producer. Subsidies too, if we can get them. Now price of latex has increased, we'll plant more rubber trees. Link to comment Share on other sites More sharing options...
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