Thai government props up glove sector

February 26, 2012

Thai government props up glove sectorTHE Thai government is intervening in the rubber gloves industry by offering soft loans of 5 billion baht to local
agricultural institutes and 10 billion baht to rubber estate organisations, enabling latex prices to stay
above US$2.30 in the short term. The intervention was done through the Bank of Agriculture and Agricultural
Cooperatives to increase the price of locally-grown natural rubber. (PRA)

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Rubber Prices
(Last Updated: 18 Feb 2019)

Monthly The prices shown above do not include VAT @4% on purchase and expenses towards packing, transportation, warehousing  and other incidentals

Source: Latex India
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