Thai rubber farmers threaten to stage mass protest

rubber farmers protestAfter a rally on August 23 in northern Thailand, enraged rubber farmers have said they plan to stage a nationwide mass protest and block roads and highways on September 3 if the government does nothing to prevent rubber prices from sliding further.

Farmers in the north and northeast of Thailand had submitted a letter to the government in April 2013, asking it to keep prices of raw rubber sheets at 92 to 98 baht per kilogramme. But 5 months had passed and nothing has happened, the farmers claim.

Thai Agriculture and Cooperatives Minister Yukol Limlaemthong said rubber prices are down because the global economy has yet to recover and it is impossible to sell rubber economically given the asking price of the farmers.

“The government is not interfering because it wants rubber prices to move in line with the market mechanism,” Yukol said.

He said the government has allocated a budget of $635 million to buy rubber. There are more than 200,000 tonnes of rubber in stock but it could not be sold at this time, he said.

On August 23, about 500 rubber and oil palm farmers from Nakhon Si Thammarat and neighbouring provinces blocked off part of Highway No.41 to call on the government to prop up plummeting crop prices. More than 40 people were injured when police tried to disperse them.



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After a rally on August 23 in northern Thailand, enraged rubber farmers have said they plan to stage a nationwide mass protest and block roads and highways on September 3 if the government does nothing to prevent rubber prices from sliding further. Farmers in the north and northeast of Thailand had submitted a letter to the government in April 2013, asking it to keep prices of raw rubber sheets at 92 to 98 baht per kilogramme. But 5 months had passed and nothing has happened, the farmers claim. Thai Agriculture and Cooperatives Minister Yukol Limlaemthong said rubber prices are down...

rubber farmers protestAfter a rally on August 23 in northern Thailand, enraged rubber farmers have said they plan to stage a nationwide mass protest and block roads and highways on September 3 if the government does nothing to prevent rubber prices from sliding further.

Farmers in the north and northeast of Thailand had submitted a letter to the government in April 2013, asking it to keep prices of raw rubber sheets at 92 to 98 baht per kilogramme. But 5 months had passed and nothing has happened, the farmers claim.

Thai Agriculture and Cooperatives Minister Yukol Limlaemthong said rubber prices are down because the global economy has yet to recover and it is impossible to sell rubber economically given the asking price of the farmers.

“The government is not interfering because it wants rubber prices to move in line with the market mechanism,” Yukol said.

He said the government has allocated a budget of $635 million to buy rubber. There are more than 200,000 tonnes of rubber in stock but it could not be sold at this time, he said.

On August 23, about 500 rubber and oil palm farmers from Nakhon Si Thammarat and neighbouring provinces blocked off part of Highway No.41 to call on the government to prop up plummeting crop prices. More than 40 people were injured when police tried to disperse them.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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