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Rubber Prices in Buriram Reach 10-Year High

Khaosod Online Thailand One source

Rubber farmers in Buriram are seeing record-high earnings as prices for cup lump rubber climb to 44 baht per kilogram.

Rubber farmers in the Khaen Dong district of Buriram province are experiencing a significant economic boost as the price of cup lump rubber has surged to between 41 and 44 baht per kilogram. According to reports from Khaosod Online, this represents the highest price point in approximately a decade. For local farmers, this price increase has nearly doubled their monthly income, rising from an average of 20,000–30,000 baht to 30,000–40,000 baht. Many farmers are actively selling their stock to manage household expenses and settle debts. While the price surge is a positive development for the local agricultural sector, some buyers are exercising caution, slowing down purchases to monitor market volatility. Farmers have expressed concerns regarding high production costs, specifically citing the prices of fertilizer and fuel, and are calling for government intervention to help alleviate these financial burdens. For residents and visitors, this shift highlights a period of increased liquidity in the local economy, though the long-term stability of these prices remains uncertain. It is yet to be confirmed whether the government will implement specific measures to address the rising production costs requested by the farming community.