Originally Posted by
thaiguzzi
Wife has just seen the price we will be paid tomorrow from our local auction on her Line app. Decent output this past fortnight, again.
Winning bid from 12 bidders was 19.25 Baht per kg.....
2 others in the 19's, 9 in the 18's.
Will be going to a 55/45 split tomorrow as we have unfortunately gone below the agreed 20 Baht per kg price threshold.
She is a member of some Mekong/Isaan rubber producer group, and the last month, some of the prices to the east of us, ie Bung Khan and Mukdahan etc, where there is a lot of rubber, prices have been 3-4-5 Baht per kg less than we have been getting, ie 14, 15, 16 Baht per kg!
Crazy prices!
Last week's local auction sale for sheet, the winning bid was, get this - 38.39 Baht per kg !
Insane.