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Cash Rubber Price in Thailand Climbs to Record 134.05 Baht

Dec. 3 (Bloomberg) -- The cash rubber price in Thailand climbed to a record, rising 1.5 percent to 134.05 baht ($4.40) per kilogram today, according to the Rubber Research Institute of Thailand. Demand remains strong amid a supply shortage as rain persists in southern Thailand, the institute said. Thailand’s south accounts for 80 percent of total production.

To contact the reporter on this story: Supunnabul Suwannakij in Bangkok at ssuwannakij@bloomberg.net

To contact the editor responsible for this story: Jarrett Banks at jbanks15@bloomberg.net

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