Thailand rubber growers in the southern
province of Surat Thani rallied in front of their respective provincial halls
on 15th August, demanding that the government urgently solve the problem of low
rubber prices. The protesters handed their written demand to Prime Minister
Yingluck Shinawatra through Surat Thani governor Cherdsak Chusri. They called
on the government to intervene in the domestic market by purchasing raw rubber
at 120 baht per kg.
Thailand is building inventories and cutting
aging trees, local rates have fallen 33% from this year's peak to the lowest
level since November 2009.
Read
lot more in Rubber4U – 1st September 2012 issue
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