Rubber prices rising?

2022-03-26

Thai media reported on March 13 that while the conflict between Russia and Ukraine pushed international oil prices to new highs, rubber prices also rose to a nine-year high.

This round of Thai rubber prices rose. From late February 2022, the latest offers hit new highs.

According to the data, the current price of latex in Thailand is 73 baht (about 15 yuan) per kilogram, 67.70 baht (about 14 yuan) per kilogram of grade 3 smoke glue, and 51.50 baht (about 10 yuan) for bowl glue. .

This makes the price of rubber in Thailand higher than the government's protection price. For example, bowl rubber is more than double, latex is 11.30 baht more, and grade 3 smoked rubber is about 2 baht more.


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