The price of rubber running along the oil moved 2 weeks in a row, touching 70 baht per kilogram, breaking the record for 1 year and 4 months.

Thai Rath Edition

28 Feb 2022 6:10 a.m.

MrChalermchai Sri-on The Minister of Agriculture and Cooperatives said that the tensions between Russia and Ukraine may affectenergy priceProvide prices for oil crops such as rubber and oil palm may increase After the price of para rubber increased by more than 65 baht per kilogram (kg), which was higher than the previously announced target price. But how much will the price increase from now on? It has ordered relevant authorities to monitor the situation between Russia and Ukraine and assess the situation weekly. for readiness to cope

“tire pricePara is now considered consistent withoil priceIn the world market that has been adjusted upward according to the market demand As a result, the price of para rubber is now moving up from the target set at 65 baht per kilogram. but to assess the situation to assess the next target price must say
Too soon, and now the situation is changing fast. must have an eye on the situation to assess the impact all the time, almost every week, every day.”

On the side, Mr. Nakan Trakwirapat, Governor of the Rubber Authority of Thailand (RAOT), said that the purchase price of fresh latex at the central rubber market RAOT has continued to move higher throughout the two weeks since February 11, 2022, the price is at 61.30 baht per kg, reaching 70 baht per kg. Rubber prices are expected to be at a good level. this next Considered to be the highest in 1 year and 4 months due to the tension between Russia and Ukraine. And partly from the weather conditions in rubber producing countries, such as the precipitation situation in many provinces in the south of Thailand, coupled with the start of the rubber tapping season, resulting in less rubber output to the market.

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