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  1. #1926
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    Quote Originally Posted by Norton View Post
    The bain of all farmers. Market fluctuations, unseasonal weather, and political nonsense make farming risky business.
    I would not class rubber as really farming, more as biological oil, rubber substitute is oil for many things.

    Sometimes artificial rubber from oil will do, other things, rubber is the only answer, it's not like corn, change group the next year, Turnips pay better this year.

    In hindsight, I would have gone for cashews nuts, stable price, not changed over the years, 100 rai, pickers pay about $1,000 US per rai for good trees.

    My mistake, rubber not nuts, could have fallen down a big hole and done palm oil. but my mistake, kids wife will be OK on rubber until they go on their own.

  2. #1927
    Days Work Done! Norton's Avatar
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    Quote Originally Posted by jamescollister View Post
    kids wife will be OK on rubber until they go on their own.
    Bottom line no matter what we chose to do.

  3. #1928
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    MUMBAI (Reuters) - India’s natural rubber imports in October jumped 63 percent from a year ago to 62,047 tonnes, the state-run Rubber Board said on Tuesday, as local consumption surged amid drop in overseas prices.
    The country’s consumption jumped 14.6 percent to 102,000 tonnes in October, while production rose 8.1 percent to 67,000 tonnes, the Board said in a statement.
    India imports natural rubber mainly from Thailand, Indonesia, Vietnam and Malaysia. ]

    Seems a market price is not reflecting supply and demand, last year story was 250,000 tons of over supply, yet India can eat 100,000 tons in one month.

    China, state controlled capitalism, as Marx said, world communism/ socialism can beat the west at it's own game.

    Seem to be doing pretty good at, buying everything they can, from rubber companies, mines, food production areas world wide, ports, transport, energy.

  4. #1929
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    BKK Post is saying a lot of it is to do with the trade war and tariffs between China & Trump (USA).
    China auto sales are way down this year. Car companies are hurting in the China market.

  5. #1930
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    Quote Originally Posted by thaiguzzi View Post
    BKK Post is saying a lot of it is to do with the trade war and tariffs between China & Trump (USA).
    China auto sales are way down this year. Car companies are hurting in the China market.
    Good excuse for the Government, heard it from many western Governments.
    Things going well, it's Government policy, things going bad, it's the world economy, not our fault.

    China's car and small truck production is down and some of it is because of US tariffs, but world car market etc is up.

  6. #1931
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    Sold cup at auction yesterday at 19.34 Baht per kg.

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