Heavy rains, floods hurt top producer Thailand after drought
PUBLISHED : 16 Oct 2024 at 14:16
A rubber tapper works in a plantation in Trat province.
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Heavy rains, floods hurt top producer Thailand after drought
PUBLISHED : 16 Oct 2024 at 14:16
A rubber tapper works in a plantation in Trat province. (Photo: Jetjaras Na Ranong)
SINGAPORE – Excessive monsoon rains following a drought in the world’s top rubber producer Thailand and typhoon damage in No. 5 grower China are reducing output of the tyre-making material, dragging down production prospects and lifting prices to 13-year highs.
The output of…