Thai natural rubber prices in recent years was rising momentum of Thailand, Thailand and China Research Center is expected to farmers, natural rubber prices will rise is likely to continue into 2009.
According to Thai media reports, the first five months of 2006, natural rubber prices rising by leaps and bounds, and fireworks on the 3rd film rose to an average price of 81 baht per kg (about 38 baht 1 U.S. dollars) more than the same period in 2005 increased 61%, 2006 In the second half of the natural rubber prices will continue to rise.
The world market by increasing demand for rubber, natural rubber prices since 2004 was the rising momentum of Kasikorn Research Center estimated that by 2009 natural rubber prices will remain high.
In natural rubber prices, many countries have expanded rubber tree acreage. Thailand Ministry of Agriculture is planning to increase the rubber plantation area of 160,000 hectares, in order to meet the demand. Kasikorn Research Center believes that after the 2009 natural rubber area will be cut to open the corresponding increase in Thailand as the world's largest natural rubber producer and exporter, should take precautions and do a good job in the future of supply exceeding demand in the market ready.
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