The floods will cause Thailand's rubber production to drop sharply in December
2024-12-27 04:39:17
Gold Ten Futures, December 27th, according to foreign media reports, traders and industry officials said that the world's largest rubber producer - Thailand's rubber production in December is expected to decline sharply, because the monsoon brought heavy rains and its flooding in the south disrupted rubber tapping work. Sukthat Tangviriyakul, deputy director of the Rubber Authority of Thailand (RAOT), said the heavy rains hit 11 provinces in southern Thailand, which is an important rubber growing area, accounting for about 80% of Thailand's total annual output of 4.80 million tons.
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