BANGKOK, July 13 (TNA) – The government will continue to use rubber latex for road construction nationwide to address falling rubber prices, said a deputy spokesman of Prime Minister’s Office.
According to the deputy spokesman, Werachon Sukondhapatipak, the government insisted that it has a policy to use rubber latex in making para rubber soil cement roads throughout Thailand.
It would allow the Rubber Authority of Thailand to buy rubber latex instead of rubber sheets.
The rubber latex will be mixed with chemical substances by the Rubber Traders Association free of charge before it will be sold to provincial administrative organisations for road construction. Buying will start next Monday.
According to the deputy spokesman, Gen. Prayut received reports from the Agriculture and Cooperatives that it had discussed with representatives of Rubber Traders Association and five rubber exporters on falling rubber prices.
The meeting agreed that rubber futures in overseas markets had an effect on the domestic rubber prices while foreign traders also speculated in the futures market in Thailand too. (TNA)
