Wrong. Yes that pic shows a mess, the grass needs cutting, badly. But you will be surprised just how much soil gets eroded in a rainy season on just a tiny angle of ground, not even a proper "slope", with no grass holding it all together. Ask me how i know, because i have looked after 64 rai of rubber plots for 11 years.
As Jim pointed out, nobody will work on an average of 200 baht per day. His tappers doing 400 baht each (800 as a couple) is still not terrible money for countryside work. Sure, good tappers used to earn 800 each, but those times are temporarily gone. My last sale, our two main tappers earned 8,302 baht in the fortnight, only 6 taps instead of 9-10, equating to 1384 baht per night they tapped. That is better money than factory work, they are on countryside land near their village home, he has his chickens and fighting cocks, they see their kids everyday who go to nearby schools, fresh air etc etc. Better life than a brain dead factory job in a big city with grandma looking after the kids.
Yep. Not even the Cambodians round here will work for the money.
James C: Way back when we were on TV you had mentioned you were trading in the rubber futures market?
Was thinking that now would be a good time to revisit, atleast for me perhaps..have a mate in Melbourne who is one of those broker type leeches so will ask him for a futures 101 ..commission rates,tax implications etc.
Seems that futures in the commodity market are perhaps in the penny stock category lately..just need a 10% rise in rubber (say 2-3bt) and perhaps could be quite lucrative on a small scale for a relatively small investment. Will advise..
Stocks priced at pennies are that price for a reason, nobody wants them. Sure some will explode in price, most don't.Originally Posted by crepitas
Futures markets is for computers these days. Up and down in a nano second. Play if you want, but be prepared to lose everything.
19 Baht wet cup today, biggest owner round here, 200 rai down to 4 tappers.
I still have enough tappers to do cup, so will continue, rains eased up, so over 5,000 kilos target this month.
Would like to know world output now, guesstimate at least a 25% drop in output here and 50% drop in sheet being made.
Read that some of the big rubber houses are selling cheap [at a loss] to the Chinese, not looking good for the rest of the year, better find a market for my repair grass. Jim
Not sure whether somebody mentioned, anybody knows where the Isaan rubberwood is sawmilled? If the rubber trees have been already felled?
Sawmills : Thailand Yellow Pages Business Telephone Directory
Make a few calls, they will collect. Jim
Woagh ! Bit of site moderation? Lost 2 pages...
^A good job of it as well.
webboard Rubber stocks at China’s Qingdao slumps sharply, Tocom prices witness surge
TOKYO(Commodity Online): Rubber stockpiles in China’s Qingdao warehouses have dropped sharply. The total stocks as on Monday stood at 192,200 tonnes. The news of slump in the worlds top rubber consumer has resulted in a price rise in Tokyo commodity exchange(Tocom).
The most active contract at Tocom surged 1.7 % to settle at 190.2 yenn/kg. Tokyo futures have fallen more than 30 percent so far this year, hurt by worries about China’s economy and recently by Thailand’s decision to sell the country’s 200,000-tonne rubber stockpile.
Three years ago, record-high rubber prices drove producers to ramp up their output. But as more product hit the market, China — the world’s top rubber buyer — experienced an economic slowdown, and new Chinese car sales dropped. The resulting rubber glut caused futures prices to drop 28 percent this year, hitting the lowest level in nearly five years in June.
According to the International Rubber Study Group, Rubber production will exceed demand by 202,000 metric tons next year, compared to 371,000 tons this year and 650,000 tons in 2013. In Thailand, the top grower and exporter of rubber, government officials want to replace about 8 percent of the country’s total rubber-growing area with more profitable oil palm trees. Even so, total rubber inventories will jump to 4.33 million tons in 2015, about 15 percent more than 2014’s expected total and about 50 percent over 2013 amounts.
One of the problems with rubber is the millions of unsold cars that are parked up on old Aircraft runways etc world wide , this article paints a grim scene Unsold Car Stockpiles Build Around the Globe- What Recovery?
^Another besotted left wing blogger. The Sheerness and Sunderland pics are cars waiting for export to Europe where most of UK production ends up.
Nothing from Toyota at Derby or Honda at Swindon? They will be on a park at Sheerness waiting for ferry to the EU.
Interesting video ,one of quite few , thousands of cars are being shipped to America not to be sold but just to be parked up ,it would appear that now the Chinese are an auto Manufacturing Country that the World has reached saturation point with new cars
According to his professional business opinion, Everyone is an asshole and the cars should all be given away. He sounds as dopy and gullible as you are.
He is filming a blog and marveling at it. Believing all he sees without question. Just like you, another thoughtless nutter.
The author of the blog the old fart in the video is filming.
Tyler Durden
Tyler Durden is a reference to the lead character in Fight Club. It's the pseudonym for Zero Hedge's key author(s) used to hide their identities.
Why would an hoest blogger do that?
Heart of Gold and a Knob of butter.
As long as they all have tires, who cares.
Not to worry Jim UK is doing it's bit. Seems Sheerness is also the car park for Spanish imports.
UK new car sales rise at fastest rate for nine years
British consumers exploit cheap car finance deals to buy models with lower running costs as sales rise 10.6% in first half of 2014
New cars parked up in Sheerness, Kent. Photograph: Gareth Fuller/PA
- Angela Monaghan
- The Guardian, Friday 4 July 2014 11.01 BST
- Jump to comments (191)
British consumers are splashing out on new cars at the fastest rate in nine years, extending the longest-ever period of growth for the industry as customers exploit cheaper finance deals to buy models with lower running costs.
New car sales jumped 6.3% in June to 228,291 vehicles, with the Ford Fiesta, Vauxhall Corsa and Ford Focus topping shopping lists.
That helped push sales in the first half of the year to their highest level since 2005, up 10.6% at 1.29m cars, according to the figures from the Society of Motor Manufacturers and Traders (SMMT).
Sales of alternatively fuelled cars such as pure electric and hybrid rose by 51.3% in the first half of the year to 23,337. Britain's car industry has smashed records going back to 1959 with the longest-ever period of sales growth of new cars. June marked the 28th consecutive monthly increase.
Mike Hawes, SMMT chief executive, said the car market was increasing faster than expected so far in 2014. The trade body has forecast a 6% increase in new car sales to 2.4m vehicles in 2014 overall.
Hawes said: "Improving economic conditions have helped propel the UK new car market to a strong first half-year performance. The overall market has risen faster than we were expecting but ... growth is showing signs of stabilising around our forecast level."
Paul Brotherton, head of business strategy at car finance company Black Horse, said greater access to loans was opening up the new car market to more customers.
"We had anticipated that the new car sales market may slow down ahead of the September plate change, but today's figures are welcome news – albeit surprising. Buying a new car has become more accessible to both new and more experienced car buyers as manufacturers continue to offer competitive finance deals that make owning a new car affordable."
Car manufacturing in Britain is also increasing as foreign owned companies invest in production lines at their UK factories. The SMMT has predicted that UK car manufacturing output will return within three years to levels not seen since the 1970s. A record 1.92m vehicles were built in Britain in 1972. Last year the total was 1.51m cars, a six-year high.
However, household finances have remained under pressure despite the economic recovery as wage rises continue to lag behind inflation.
"The motor industry will be hoping that ongoing robust UK economic activity continues to underpin consumer and business confidence, and their willingness to splash out on new cars," said Howard Archer, chief UK economist at IHS Global Insight.
"One concern for car manufacturers is that current muted earnings growth threatens to be a constraint for car sales."
According to an AA survey of its members, 20% of people taking out a personal loan say they will use the money to buy a new car.
Mark Huggins, director of AA Financial Services, said that economic recovery, low interest rates and good deals on the forecourt were giving consumers confidence to buy a new car.
"Many commentators expect demand to level off during the summer but it could pick up again later in the year. We could see another boost in the car market with September's '64' plate change, particularly if [interest] rates remain low," he said.
AA Financial Services is now offering its lowest ever rate on personal loans, as it seeks to capitalise on strong demand for new cars among UK consumers. The new rate of 4.2% will apply to loans between £7,500 and £15,000 and comes amid a price war among lenders, triggered this week when HSBC launched a personal loan at 3.9%, the lowest ever rate .
Personally I do not give a rats arse one way or another ,all I know is Sadly the price of raw rubber has plummeted in the last year or two and It gives me no pleasure whatsoever to write this sad fact AS to whether the auto Industry is one of the factors should be looked at and not dismissed out of hand ,cos sooner or later especially as the Chinese are producing auto-mobiles at break neck pace the saturation point has to come if its not here already
Who benefits by creating a crash in rubber prices?
http://globalrubbermarkets.com/19635...ng-prices.htmlThe price drop will benefit the tyre companies as Shares of tyre companies Ceat, Apollo Tyres, JK Tyres and MRF Tyres here surged significantly in the past six months.
Last edited by Pragmatic; 16-09-2014 at 07:23 PM.
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