Somkid Eyes Crop Diversity

Somkid Eyes Crop Diversity   6 October 2015   One of the projects is to downsize rubber plantations by 1 – 2 million rai in five years, encouraging rubber planters to grow another crop such as oil palm, and promoting the use of rubber in road construction   Source: Bangkok Post View original: www.bangkokpost.com/business/news/719312/somkid-eyes-crop-diversity

A Huge El Nino Is Spreading All Kinds Of Mayhem Around The World

A Huge El Nino Is Spreading All Kinds of Mayhem Around the World   28 October 2015 By Supunnabul Suwannakij   Bloomberg – It has choked Singapore with smoke, triggered Pacific typhoons and left Vietnamese coffee growers staring nervously at dwindling reservoirs. In Africa, cocoa farmers are blaming it for bad harvests, and in the Americas, it has […]

Thailand To Sign Rubber Supply Deal With China’s Sinochem

Thailand To Sign Rubber Supply Deal With China’s Sinochem   28 October 2015 By Supunnabul Suwannakij   Bloomberg – Thailand plans to sign deal next month with state-owned Sinochem Group to supply 200,000 tonnes for 1 year, Minister of Agriculture and Cooperatives Chatchai Sarikulya says in interview on Wednesday in Bangkok.   * Thailand seeking to reduce rubber surplus through […]

Malaysia To Give Incentives, Subsidies To Rubber Smallholders

Malaysia To Give Incentives, Subsidies To Rubber Smallholders   28 October 2015 By Niluksi Koswanage and Anuradha Raghu   Bloomberg – Government to spend as much as 200 million ringgit on subsidies and incentives from January, Prime Minister Najib Razak says in budget speech in Parliament.   * Government to subsidize farmers if rubber prices fall […]

Tocom Rubber Higher As Slow Production, Drought Support

Tocom Rubber Higher As Slow Production, Drought Support   21 July 2015, 09:17 SEAST   Tocom RSS3 rubber futures are slightly higher in slow trade amid the lack of fresh cues.   Although rubber is entering into the peak production season, the International Rubber Consortium says in a market report on its website that global rubber […]

The Thai Cabinet Approved Subsidy To Reduce The Burden Of Rubber Smallholders

The Thai Cabinet Approved Subsidy To Reduce The Burden Of Rubber Smallholders   28 October 2015   The Thai cabinet approved a subsidy for NR smallholders with Land Titles. Under this measure, smallholders will get a subsidy of THB1,250 per rai for up to a maximum of 15 rais.   The Prime Minister of Thailand […]

Vietnam Urged To Join Rubber Consortium

Vietnam Urged To Join Rubber Consortium   21 July 2015, 16:24 SEAST   Thailand is set to lobby Vietnam at a meeting in Bangkok next week to join the International Rubber Consortium Ltd (IRCo), a move that would help to stabilise rubber prices.   The country is also seeking to expand bilateral trade to US$20 billion over the next five years. […]