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Rubber growers ramp up pressure on Prayut


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Rubber growers ramp up pressure on Prayut
By Khanitta Sitong
The Nation

 

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BANGKOK: -- The Southern Rubber Farmers Network warned on Tuesday it would file complaints with ministries and related agencies if the government fails to take action by July 12 to stem problems associated with falling rubber prices.

 

The network had appealed to Prime Minister Prayut Chan-o-cha on June 27 to invoke special powers accorded him under Article 44 of the interim charter. 

 

It submitted a petition via Deputy Prime Minister Prawit Wongsuwan in Bangkok demanding that the government address its concerns as a national agenda priority.

 

The government was urged to promote the use of rubber by state agencies, with road construction and repair projects mandated to use a 5-per-cent ratio of para-rubber in asphalt mixes beginning in fiscal 2018.

 

Network secretary Thanomkiat Yingchuan said his group had supplied the government with cost estimates and related calculations.

 

He speculated that the government is reluctant to invoke Article 44 for fear of upsetting investors who reap “monopolised benefits” from road construction and by importing para-rubber products. 

 

The network is ramping up pressure on the government by erecting “protest signs” all over the South, Thanomkiat said, and would mobilise growers to rally in Bangkok and petition various ministries.

 

Para-rubber prices as of Monday were around Bt50 per kilogram for latex and Bt55.85 for smoked rubber sheet.

 

Source: http://www.nationmultimedia.com/news/national/30319856

 
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-- © Copyright The Nation 2017-07-04

 

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It reminds me this quote from an article from Bloomberg reproduced in the link:
 
"Manoon Sooksrisang, 43, a rubber farmer in Songkhla province, said he gets 10,500 baht to 12,000 baht a month now versus 30,000 baht to 45,000 baht before. Manoon joined the protests in Bangkok against Yingluck’s government that eventually led to the military takeover after protest leaders said getting rid of her would lead to higher rubber prices. Now, he says he and his friends feel betrayed.
“It’s like a broken promise,” he said. 
 
 
 
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2 minutes ago, candide said:
It reminds me this quote from an article from Bloomberg reproduced in the link:
 
"Manoon Sooksrisang, 43, a rubber farmer in Songkhla province, said he gets 10,500 baht to 12,000 baht a month now versus 30,000 baht to 45,000 baht before. Manoon joined the protests in Bangkok against Yingluck’s government that eventually led to the military takeover after protest leaders said getting rid of her would lead to higher rubber prices. Now, he says he and his friends feel betrayed.
“It’s like a broken promise,” he said. 
 
"Manoon Sooksrisang,  is not the first or last Khon Thai to feel betrayed by a broken promise. that's what makes it the Amazing Thailand.
 
 

 

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Article 44 is copping a flogging lately. The demand for it's use seems ever growing. PM Prayut must walk around with it in his hip pocket ready to pull out and use any given time.

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3 minutes ago, Cadbury said:

Article 44 is copping a flogging lately. The demand for it's use seems ever growing. PM Prayut must walk around with it in his hip pocket ready to pull out and use any given time.

Like this?

 

44.jpg.0b9656c970f3b4f82dc035865ecefaed.jpgARTICLE #44

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"Rubber decreased 9.10 JPY/kg or 4.42% to 196.70 on Tuesday July 4 from 205.80 in the previous trading session. Historically, Rubber reached an all time high of 526.40 in February of 2011 and a record low of 146.40 in January of 2016." Trading Economics 2017 data

 

Rubber is heading south.

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