Southern exporters stung by crop prices
- Published: 18 Feb 2013 at 00.00
- Newspaper section: Business
Falling prices of key crops including natural rubber and oil palm were the main factors in declining exports from the South last year, says an economist.
Shipments of major products from the region were valued at 17.2 billion baht, down by 16.9% from 20.7 billion in 2011, Pruitipong Srimachan, a senior executive in the Bank of Thailand's southern office, said last Friday.
He attributed the slow exports to struggling economies in Japan, Europe and the US.
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