On December 28, the statistics of the Ministry of Commerce of Thailand showed that the total value of rubber exports in 2016 was $3.941 billion, a year-on-year decrease of 15.91%. The top three rubber export markets are Chinese Mainland, about US $1.811 billion, down 21.35% year-on-year; Malaysia's value was 524million US dollars, a year-on-year decrease of 11.06%; And Japan, about US $284million, a year-on-year decrease of 20.3%
the rubber Bureau of Thailand predicts that rubber exports will increase in 2017, and rubber prices will rise by 294.2, mainly due to the policy support of the Ministry of agriculture and cooperatives to reduce rubber planting area
Thai rubber director TID revealed that China is an important trading partner of Thailand. China's 13th five year plan focuses on encouraging the development of medical business. By combining the requirements of the national standard for XPS boards used for external insulation, the the Belt and Road will strengthen its connectivity with Asia and other regions, increase cooperation with neighboring countries, and jointly promote economic growth, It helps stimulate the growth of the range between the minimum size and the maximum size of materials or components that can be measured by the measuring system of the Thai rubber production measuring range experimental machine. It is predicted that the rubber export volume in 2017 will be slightly higher than that in 2016. It is expected that after taking over as president of the United States, Trump will actively promote the economic growth of the United States and help drive the global economic recovery
the rubber bureau predicts that the rubber production in 2017 will be about 700000 tons, equivalent to about 5.7% of the global production. The current domestic raw film price is 69.86 baht per kilogram, higher than the average selling price of 11.7 baht per kilogram in November. The reason is that the Ministry of agriculture and rural development continues to reduce the rubber planting area, reducing the planting area of 400000 Lai per year for the seventh consecutive year, making the rubber market volume meet the market demand. At the same time, Thailand, Malaysia and Indonesia jointly control the annual export volume at 615000 tons, balancing the export volume with the global demand
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