No easy bounce-back for Thai, regional rubber producersA rubber farmer taps a rubber tree in Narathiwat province, March 18, 2019. (Reuters file photo)Thailand and the world’s other top rubber producers are starting to emerge from their worst quarter in over a decade, but the path to recovery looks fragile. In the futures market, rubber prices, which tumbled 27% in the first quarter for their worst performance since 2008, have since gained about 14%. With the outlook still fraught, major producers -- Thailand, Indonesia and Malaysia -- are coping in different ways. MalaysiaZairossani Mohd Nor, director general of the Malaysian Rubber Board:Malaysia’s rubber industry is expected to grow 6.5% to 33 billion ringgit ($7.7 billion) compared with 2019.

Source: Bangkok Post June 16, 2020 04:07 UTC