
Originally Posted by
piwanoi
Coming back from a very pleasant 3 nights in Rayong one could not help but notice the tens of miles of Immature rubbers tree's on either side of the road in an already world wide saturated market(according to this article) one must come to the conclusion that Sadly Thailands rubber farmers face a very insecure future ,I do like the comment at the end about Thailands answer to the problem
As rice mountain shrinks, a rubber one rises | Bangkok Post: news
Read the article in the rubber associations site, another London based crystal ball gazer who gets a few bits of info, then makes predictions on hearsay and non existent policies.
GRM has another London based prediction guy saying lack of out put will force prices up.
India is upping imports, their local production is down to a 10 year low, car sales are up, but the US has put tariffs on Chinese tires.
As to the guys bit about the Thai government buying rubber at an inflated price and stock piling, not seen that in real life, just words. Our local government buyers are paying less then the drive by guys.
Markets will decide, lack of tappers and fertilizer will drop even more output this season.
On a brighter note, will start tapping Saturday/Sunday, should have started on last Monday, but not a lucky week, Saturday night is a good luck day for some magical reason.