Integrated media on March 31, Thailand Association of the rubber Luckchai President Kittipol said, Thailand continued to flood in the southern region may have natural rubber production dropped 20,000 tons this month, and it is unclear whether production would further decrease due to heavy rain continued.
Luckchai Kittipol said: "the situation is very serious indeed, Thailand all regions of the southern rains are very large. Road and rail transport have been affected. ”
Luckchai Kittipol had earlier this week to visit Thailand South, he said the current floods than serious flood occurred late last year.
Luckchai is Thailand, Chief Executive of Thai Hua a main export of Rubber, he said the company stopped production temporarily, commute workers difficult.
He also added that some of the other factory was flooded.
Thailand rubber output accounted for 80% of rubber production in the South.
Association of natural rubber producing countries (ANRPC) said in its March report, Thailand could be 3.43 million tonnes rubber this year, 3.25 million tons compared to last year increased by 5.5%.
Thailand is the world's largest producer and exporter of rubber, one-third per cent of rubber production in the world.
ANRPC estimated Thailand natural
butyl inner tube production to 180,000 tons in March, an increase of 7.8% compared with last year, due to price increases encourage more production.
Thailand floods triggered supply concerns, low-yield is in the season.
TOCOM rubber, benchmark September contract closed 12.9 yen on Wednesday, or 3.1%, to 430.1 yen per kilogram.
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