Latest Update: Rubber Bulletin — June 2020

LMC Rubber Bulletin - June 2020

Update: From May to July, the Thai government is paying registered farmers and rubber tappers monthly support of 5,000 baht (around US$ 155) to alleviate the impact of COVID-19 and support production. The government is also preparing to approve the second phase of its price guarantee scheme. Costing 30 billion baht (US$ 940 million) it will pay 60 baht (US$ 1.88) per kg for USS3 rubber for up to 15 rai (2.4 ha) per family.

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