BANGKOK(NNT) – The Rubber Authority of Thailand (RAOT), under the supervision of the Ministry of Agriculture and Cooperatives (MOAC) is set to present the Thailand Rubber Expo (TRE 2019), between November 29 – December 1, 2019 at Impact Exhibition Hall 5, Muangthong Thani.
Assistant to the Agriculture and Cooperatives Minister Naraphat Kaewthong
said today that the Rubber Authority of Thailand plays an important role in supporting Thai rubber farmers to increase their earning and improve their quality of life.
According to Naraphat, the fair will serve as a platform for rubber farmers and prospective business partners to exchange ideas and engage in matchmaking.
Recently, all government and business sectors have been stimulating the use of latex and opening up new markets to sell rubber in bigger quantities wherever possible. He expected that rubber prices will increase by the middle of next year.
He also highlighted that the upcoming event is an exhibition of various innovations and an opportunity for business matching for Thai farmers attending the event. Regarding rubber trading partners, there will be both domestic and foreign companies ready to attend the business matching sessions. Moreover, there will be useful seminars delivered by an agricultural attache and a commercial attache, as well as trade fair exhibitions on rubber products.
Meanwhile, Acting Head of the Thai Rubber Authority Sunan Nuanpromsakul said today that Thai rubber farmers are showing great potential. They have been learning and adapting to the changed situation. Now, they are planting other economic crops due to the fluctuation in rubber prices. They are also turning to innovation to create products from rubber, in line with the administration’s push for the agriculture 4.0 policies.
