5:56 am - Wednesday June 19, 2013

Thai govt says bought 10,000 tonnes rubber in intervention

Thai govt says bought 10,000 tonnes rubber in intervention r rubbermarketnews 008 400x267 300x200 BANGKOK: The has bought around 10,000 tonnes of rubber sheet from farmers in an intervention scheme to prop up prices, the deputy agriculture minister said on Tuesday.

“Now we have around 10,000 tonnes of in stocks and I will be going to in the next few weeks to negotiate to sell the ,” Deputy Agriculture Minister Nattawut Saikuar told Reuters.

He said he would meet private rubber companies and the government there to negotiate sales at the best price.

The government has said it wanted to buy up to 200,000 tonnes in the current intervention scheme.

Source: http://www.brecorder.com/markets/commodities/asia/64169-thai-govt-says-bought-10000-tonnes-rubber-in-intervention.html

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One Response to “Thai govt says bought 10,000 tonnes rubber in intervention”

  1. June 26, 2012 at 4:28 pm #

    The relative department of thai government is admirable and so is what they have been efforts in ,as they are always developing rationally and bettering market situation and farmer’s benefits as well.
    A government department played its folksy& role as a public service instead of a chaotic state but to corrupt
    its sincerity and people-centered might soon inspire peoples to take heart of grace moving ahead provided on wild past forgotten,and relevant buyer markets recovers as predicted accompany with the mninisters’ coming soon

    Welcome and have a nice trip. A man hok’hun
    tks and anything i can do ,pls write to info harpico com
    David/Harpico

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