Comprehensive Thailand media news December 13, 2014, Thailandbusinessmen cooperation funded 420000000 baht set up rubber fund,responsible for the purchase of the film at the end of the year, expect to push the high glue price to every kilograms 60 baht, and in the middle of next yearrise to 65 baht. This means that Thailand is also the rubber is begged for be more than, indicates that milk hose and silicon rubber hose product into a period of saturation, the need for the development of new products.
This month 11 days, Vice Minister of the Ministry of an agricultural adviser Su YiLei in Songkhla Prince of Songkla University Fu Hat Yai County hosted video conference, and rubber industry association and industry consultations to boost the glue price strategy, and finally through a joint venture established by the government and businessmen in rubber fund, the company invested 30000000baht, 7 companies a total of 210000000 baht another 210000000 baht; by official grants, a total of 420000000 baht.
In the leather capital contribution director Weng Bangkok, general manager of the company, and Thai Rubber Association honorary president of bhunsa said after the meeting, the business cooperation and boost the glue price is for the first time in history, starting from the futures market, is expected in the futureabout 2 weeks to start.
Bhunsa pointed out, Thailand will be based on the contract to the world marketsignal, no longer tolerate glue price was fell down, now operate smoked rubberfactory has not raw materials inventory, this because the glue price slump,forcing the rubber farmers stop tapping the pulp taken, if the first push upfutures glue price, believe that the market price rising to each gel kg 60 baht.
Bhunsa said, the government to save the rubber farmers, divided into short-term and long-term measures, but the rubber industry acquisitions film, will keep a low profile execution, without publicity.
The government had to sell 210000 tons of film, each first open, causing theglue price per kilogram fell 5-10 baht, past announced the sale of the film 10 times, each time the impact of price falling film. Therefore, manufacturers think that every purchase glue will not first announced.
This month 12 days, Hat Yai County Film central market transactions film every kilograms 48 baht, 1 baht more than 11 rose.
This article from the Shenzhen City Qiyu Silicone Rubber Co., Ltd.: http://www.szhcty.com/news_v.asp? Id=189
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