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The Thailand government funding subsidies to help farmers plastic
According to the Thailand Bangkok December 22nd news, 2014 Thailand rubber income and output has fallen sharply, in a weaker economy condition, government subsidies and to help the rubber farmers through the purchase of the project. This subsidy can be seen a strong support of government policy on the latex tube, silicone tube, rubber tube industry.
The national economic and social development bureau announced in November by the impact of weak, exports, Thailand third quarter economic growth remains sluggish, GDP year-on-year growth of 0.6%. The data are second quarter growth of 0.4%, a slight improvement, but still below analyst expectations.
The price of agricultural products the weak economic growth, make the government implemented a $11000000000 stimulus measures in October, cash subsidies for rice farmers and rubber. By agricultural prices continued to decline in the three quarter effect, farmers income decreased by 5.3%. The government supported by a series of rubber agricultural initiatives include $1000000000 buy rubber.
A global slump in demand, especially the number one importer China reduced demand led the country revenue decline, but limited production and downstream enterprises to attract new investment to provide support for the glue price.
2013 Thailand rubber production was 4170000 tons, accounting for 37% of the world rubber yield, an increase of more than 10%. Rubber is one of Thailand's main export products, accounting for sales of agriculture in the country 1/3 years, average income of $9000000000. But the Thailand Rubber Association (Thai Rubber Association) is expected in 2014, rubber yield material fell as much as 10%, to 3800000 tons, due to weather conditions, decline low demand and prices to growers are not in operation.
Recently Chinese economic slowdown is also a concern in Thailand. China economy since 2009, the rapid growth of digest excess supplies of rubber.
QinRex according to Beijing on December 23rd news, China Customs released the latest data display, 2014 November Chinese natural rubber imports for 218861 tons, annulus comparing growth of 22.5%, than the same period last year, down 18.7%. A further decline in imports would depress global glue price, also make the state procurement agencies being more inventory
This article from the Shenzhen City Qiyu Silicone Rubber Co., Ltd.: http://www.szhcty.com/news_v.asp? Id=218
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