By Supunnabul Suwannakij
Aug. 25 — Growers across Thailand to write to newly-appointed Prime Minister Prayuth Chan-Ocha, urging him to suspend plans to sell rubber from stockpiles, says Sangwern Tuadhoy, president of Thai Rubber Growers Network.
* Letters to be submitted tomorrow through provincial governors, Sangwern says by phone from Rayong today
* This is not the right time to sell stockpiles as it’s peak production season, says Sangwern, whose network has more than 100,000 members. It should have been done in February or March when trees yield less latex.
* Thai junta to sell 210,000 mt: Post Today
* Farmers urge junta to increase domestic usage from 13% of total output to 30%: Sangwern
* Growers consider cutting down tapping: Sangwern
* Farmer representatives to meet with Chatchai Sarikulya, junta’s deputy chief for economic affairs, tomorrow to discuss issues in rubber sector: Sangwern
* NOTE:Thai rubber export price tumbled 30% this year
* NOTE: Thailand top grower and exporter, producing ~4m mt annually
Source: Bloomberg
