Weak prices drag down farm index | Bangkok Post: business

Business >

COMMODITIES

Weak prices drag down farm index

Tumbling rubber prices led Thailand's farm price index to contract by 13% year-on-year last month.

The Office of Agricultural Economics said other products such as oil palm, coconut, chicken meat, pork and eggs also showed weak prices, pulling down the index, measured by prices at farm sites, to 145.39 points.

Secretary-general Apichart Jongsakul said the economic downturns in the US and Europe as well as lighter demand from China are to blame for falling rubber prices since last year.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

Most Viewed

  • Russian attacked by Pattaya bikers

    The Russian owner of a resort on Phangan Island was attacked by a group of bikers, including apparent transsexuals, in Pattaya because he "refused to let them park their motorcycles".

Forum

image

Your comments

Reply

Sign in once and access every part of the website at your convenience!

Please log in to our Bangkokpost.com community to post your comment.
You can sign in to the community by clicking here.

If you are not part of the community yet, please sign up here. By being part of this community you will get all these privileges.