The government rubber committee has ordered suspension of rubber export due to the price that is not in line with trading nature as the figure should be over 80 baht per kilogram.
Deputy Prime Minister in charge of security and head of the National Rubber Policy Committee, Suthep Thaugsuban, commented on the panel's decision to halt rubber export, saying that export activities will be suspended until the price stabilizes as it has declined irregularly when compared to the trading nature.
The deputy premier said he has scheduled a meeting with related agencies next Monday to discuss the issue since rubber export must be given special attention as it is one of the country’s biggest earners.
When asked about farmers’ demand for the government to set a 100-baht per kilogram guarantee price, Suthep said that the media must carefully present facts about the issue as when the government started tackling the low rubber price, the figure was set at 80 baht and he felt that 120 baht per kilogram is appropriate.
Suthep added that some areas have seen improvement with rubber price at 90 baht per kilogram and it is expected to continue to gradually improve as retailers and exporters receive loans from commercial banks and will purchase rubber from farmers.
On a speculation that some exporters are trying to hoard rubber, the deputy premier believes it is a misunderstanding among the press due to the price which is not in line with trading nature.
(Source: http://www.thailandoutlook.tv/tan/ViewData.aspx?DataID=1041817)
Posts
0 comments