Quote Originally Posted by jamescollister View Post
Quote Originally Posted by the dogcatcher View Post
Hi Jim.
My town is deserted. The tappers are disappearing, and Thai Hua are struggling to get workers.
They still wont pay properly and the Thais wont work for them. Cambodians are leaving.
How much a kilo today? Cant get sense out of my lot.
Sold some wet cup yesterday 21 Baht a kilo.
No tappers here either, I have good latex producing trees, but my tappers, husband wife teams only earn 800 baht [400 each] per tap. Other owners with Thai producing trees 1/2 that. No one works for 200 Baht, plenty of other jobs.

Thai Hua and the other big producers are losing money on every kilo they produce, they will stop or gear down soon. Then no buyers, no buyers no one taps, no rubber.
Any over supply will be gone, if it hasn't already.
Market will stabilize, price will go up, or everyone, world wide can park their cars, no tires.

Bad here, wages in Malaysia are higher, India about the same as here, China is reducing it's stock pile for their own reasons.
Numbers will come out showing the oversupply has gone, futures buyers will step back in and prices will rise. Just got to sit it out, 2009 someone posted, rubber is finished, I replied, roads are still full of cars, when I see empty streets, I'll know rubber is finished. Jim
My wifes uncle who owns a few hundred rais gave up on Thais. He only employs Burmese families. After I read your thread, I had a good talk with him this week. He was surprised how much I know about the rubber business....thanxs to you