Rubber exports could fall 20% in value | Bangkok Post: business

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Rubber exports could fall 20% in value

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Thai rubber exports are expected to be on par with last year by volume but may fall by 20% in baht terms due to bearish global demand and the strong baht. 

Luckchai Kittipol, honorary president of the Thai Rubber Association, said rubber prices will likely edge up in the second half of this year.

Prices of ribbed smoked sheet rubber No.3 (RSS3) averaged 80 baht a kilogramme in the first quarter.

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