Thread: Government ready to solve rubber price slump

BANGKOK, 9th April 2018 (NNT) – The government is ready to tackle the low rubber price by buying latex from farmers through agricultural cooperatives.

The Agriculture and Cooperatives Minister, Krissada Boonraj, said the rubber price remains low and the government has been working on measures to solve this problem.

He said one of the measures is promoting the use of rubber in state offices. The government will purchase about 200,000 tons of rubber from different institutions registered with the Rubber Authority of Thailand.

The Agriculture and Cooperatives Minister has expressed his belief that the government's measures will definitely address solve the rubber issue for many farmers.


National News Bureau Of Thailand | Government ready to solve rubber price slump

Encourage more Thais to use condoms. Problem solved.

Seems to me that the base ideals of communal cooperatives are compromised when direct involvement by a overlording government ministry is in place.

The point of contradictory being missed, naturally.
The feudal rule continues under the guise of subsidies and management.

Originally Posted by HuangLao

Seems to me that the base ideals of communal cooperatives are compromised when direct involvement by a ... government ...

... + 1

So when richer governments give their rubber producers bigger subsidies, the circle of whinge/handout/whinge will continue.

a quick scan of military officers who have large shares in rubber producers will tell you who this is really for

Cynical personage

Really, they can take over a billion dollar industry, just like that, maybe next week they will take over Toyota, Honda an GM in Thailand.

As ever unproductive distorting price discovery anf lik EU encouraging over production.They can buck the internal market at a cost to the taxpayer, planned failure.

Originally Posted by harrybarracuda

So when richer governments give their rubber producers bigger subsidies, the circle of whinge/handout/whinge will continue.

What subsidies would they be Harry, got 20,000 Baht fertilizer grant 3 or 4 years ago, big deal.

Export tax, which is 5 Baht a kilo, which comes in the form of lower rubber gate prices, farmer pays.

This year may break the 3,000 kilos a week output, 3,000 times 5 Baht and I got 20,000 Baht fertilizer sub years age.

Thailand is bleeding the poor small rubber farmers and will kill off the industry in the end, 97 % of rubber plantations are small family run plantations.

Originally Posted by baldrick

a quick scan of military officers who have large shares in rubber producers will tell you who this is really for

Indeed.
Among others of these circles.

Subsidizing a commodity worked for Yingluck. Not.

These are the same clowns who railroaded her for the rice pledge.

Originally Posted by jamescollister

What subsidies would they be Harry, got 20,000 Baht fertilizer grant 3 or 4 years ago, big deal.

Export tax, which is 5 Baht a kilo, which comes in the form of lower rubber gate prices, farmer pays.

This year may break the 3,000 kilos a week output, 3,000 times 5 Baht and I got 20,000 Baht fertilizer sub years age.

Thailand is bleeding the poor small rubber farmers and will kill off the industry in the end, 97 % of rubber plantations are small family run plantations.

I realise you can't see the big picture from your allotment, but the fact is that the rubber price is shit because there is ample supply to meet demand.

Thailand is one of three countries that agreed in November to CUT production to try and get the prices up.


So.... when they Thai government buys 200,000 tons of something they can't sell, what are said Rubber growers then going to do?

Grow more of it, that's what. And then whinge about not being able to sell it for a decent price.

Are you starting to get the idea yet?