RSS broken the 60 baht mark at the Thai rubber auctions, still a long way to go before I can go back into sheet, but at least the price is going in the right direction. Jim
Would be nice if Maca could be grown between trees.!
http://www.nytimes.com/2014/12/07/wo...xury.html?_r=0
Due to the flooding in Malaysia your wish is being granted.Originally Posted by jamescollister
Not yet it hasn't, cup rubber seems to be staying down, sheet needs to be over 70 Baht local for me to make it.
All very strange things happening worldwide, I make it 500,000 MT under-supply now, oil still falling, yet the price of shares in fracking have fallen 40%, that's a burst bubble.
Companies can't switch to synthetic rubber overnight, got me what's going on, worlds screwed.
Just have to batten down and ride out what's coming and I don't think it's going to be good. Jim
Things must be looking up. GFs sister just returned the 20 quid she borrowed last year. Not sure if she had a win at cards or stopped feeding her kids.
I'm hoping she got off her fat arse and actually cut some rubber.![]()
Actually they don't switch anything, they simply open the valves a little wider to increase a market place enforced rate of feed demand Jim. Most Refineries don't shut off process feeds, they more or less let them "idle," on demand and price. When Bridgestone wants rubber they'll make a call to the suppliers and the valve will be opened for whatever is required and then squeezed ever so gently back off, but never to full stop. Expensive that start-up and shut-down costs Jim.Originally Posted by jamescollister
Actually, this is the precursor to coming later in the week/month for a new loan double the previous...you know better.Originally Posted by chassamui
Lots of rubber activity here in the North. Balls loaded up to the overflow levels on many trucks I saw traveling the road into Chiang Rai...who knows?
Not talking making SR, but using it, say you make running shoes, crepe rubber soles,Originally Posted by ltnt
To change over form NR to SR you need to re tool, different machines, different storage conditions etc
The big boys blend SR, NR etc for tires, big operation to convert over to SR.
Rubber markets closed over new year, opened on the 5 th, so a back log sold Monday, Tuesday. Jim
O.K., I can understand that aspect shutting down. Small potatoes relative.
So that's why, I never put that together the holidays...
And that's why we got a shit/average price for cup at auction yesterday. Markets and factories just re-opened. 21.00 baht per kg. Should be better in a fortnight.
Many place in the whole are still on go slow for the Xmas, new year break, be next week before things get going again.
All in all things looking up, rubber wise, just this oil war that's the problem, can't make heads nor tails of it, Saudis going in to deficit and removed the 3% subsidy for Asian buyers.
Toss a coin and take a punt. Jim
According to the misses, the in laws sold first lot of rubber yesterday, apparently it was +3 and +4 whatever that means and they got 22,000 baht for it, the misses eagerly awaits her share...........
The funnier side of rubber farming:
We have a local old chap that buys our cup. Today Lek, my dear wife was down at the ‘gate’ negotiating to 21.5bt. Old chap gave her a few veggies for new year’s but not to our cutters, Lek yells at him in fun saying “where are veggies for cutters”..He shuffles off to cab and produces a bunch.
Then Lek tells him “last year you gave us a blanket for new years”..Where is this year’s.?He laughs and promises “next time”
Why DO we need a blanket I says later. S’okay Lek says ‘give to someone’s baby…
Lek comes back up to house and we calculate that he had screwed himself out of 30kilo of rubber but seeing as he discounted 9% rather than usual 8% we figured what goes around….
Gotta laugh don’t ya?
If anyone of you has read book one of 'Les Miserable' it is my opinion of my dear wife that she is perhaps a bit like the Bishop of .... Think she would give her last handful of rice or egg to any in need.
Last couple of years many have asked her to run for election as village "headman".
She has consistently declined saying she is not "qualified or smart enough" meaning I think that she is perhaps too honest?
Your question answered in a jiffy there is no "perhaps" in your good lady,s honesty, cos having lived in 3 villages ,two here in Issan and one in the South (Koh Samui) its my opinion that all village heads are as bent as corkscrews and are in the job for what they can get out of it by way of "kick backs" hence the veritable fortunes they are prepared to shell out just to get the job in the first place , good an ya Crepitas, it would appear your wife has "principles " a rare quality in many cases here in Thailand .
I concur Piwanoi. Some years ago a farang got elected as a 'village head', in Isaan, I believe. Does anyone remember that? I wonder if he took the cash?Originally Posted by piwanoi
True, one can only speculate ,but if the farang was fully "integrated" into the "Thai way" of taking responsibility for the welfare of the poor villagers who voted him in for the price of a good nights piss up and feasting on the couple of pigs provided ,plus plenty of empty promises, one may quite rightly say all he was doing was following "Thai Tradition" and screwing the job for every Baht that was available , honest or otherwise![]()
Article from the Indian rubber forum.
Malaysia’s natural rubber production in November rose 11% from October to 53,040 mt, the Department of Statistics said Monday.
It was, however, down 21.2% from a year earlier, it added.
The country’s natural rubber exports fell 15.1% month on month to 46,425 mt in November, and were down 37% year on year.
Malaysia’s natural rubber stocks remained almost unchanged from October at 132,048 mt as of end-November, the department said.
Year on year, the stocks were down 17.8%.
Some big Rubber Industry meetings going on now in ASEAN. Also something about growers flocking to Buriam to sell rubber stocks to the Government agents at promised subsidized prices?
Leaves starting to turn, maybe 2 more weeks of tapping then that's it for the season.
No money in the bank for the dormant period, Buddha will provide.
Wife's off to the farmers bank now, not bad 2% interest loans [if we get it] 100,000 Baht over 5 years, just have to hope rubber picks up a bit next season.
And another year will have passed and that makes it about 5 years I have not done a days paid work.
Between the loan the 15,000 government grant and my very poor cassava crop, may be able to have a beach holiday when the schools finish.
Not a good year by a long shoot, but didn't run out of beer and will live to tap another day. Jim
Lot of that virus going around now Jim. BIL and others planted red beans and now are getting 37baht a kilo. Yesterday turned in what he calls baskets and reaped 19,000 baht. Not done yet another 7 rai to go. Many here switched to these beans over the cassava and are making a pretty good earner out of it.Originally Posted by jamescollister
Monkey see, monkey do. Soon there'll be over production and the market will collapse. And on we go.Originally Posted by ltnt
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