“Thammanat” urges RAOT to maintain stability in rubber prices. Helps increase farmers’ income

Bangkok, Minister of Agriculture delivers policy to RAOT. Emphasis on rubber management guidelines By linking information throughout the rubber supply chain Keep production volume consistent with demand to maintain price stability. Prepare to dust off the Parazoid Cement Road project for RAOT to jointly invest with the private sector in opening a tire factory. Request Cabinet resolution to allow all government vehicles to use it. Ready to emphasize accelerating forward the mission to drive Thailand to be the world rubber center.

Captain Thammanat Phromphao, Minister of Agriculture and Cooperatives, gave the rubber management policy to the Rubber Authority of Thailand (RAOT), with Mr. Nakorn Takwirapat, Governor of RAOT, leading the executives. high level Including both central and regional employees across the country to listen to the policy.

Captain Thammanat said The quality of life of rubber farmers must be improved under the policy. “Farmers must live well. High value agricultural products Sustainable agricultural resources” by upgrading the rubber industry Both in terms of managing rubber information through the Blockchain system, which connects information throughout the rubber supply chain. Since the registration of rubber farmers Rubber plantation registration By collecting data on rubber fields through a GIS system, covering rubber varieties and production volumes. To predict rubber production Therefore, it is possible to control the import of rubber from abroad. Prevent interference in rubber prices In addition, the tire information management system It will help show the origin of the product and that there is no forest destruction. or destroys the environment (EUDR and Carbon Credit), increasing competitive opportunities for the country

In this regard, we would like to survey rubber stocks so that information can be used to manage production volumes in line with demand, which will help maintain price stability. Additional measures may be taken to maintain stability in rubber prices. Through the rubber slowdown project to control the amount of rubber in the system that may affect the stability of rubber prices in a short period of time. The budget limit has been increased to be sufficient and can be implemented immediately. As well as controlling the amount of rubber production by creating zoning for rubber tapping areas. Stop tapping in areas affected by natural disasters, epidemics, or unsuitable areas. The rubber farmers will receive both financial and non-financial assistance. To reduce the impact on farmers’ income As well as having guidelines for the debt moratorium project. This is in line with the government’s short-term solution measures. Helps reduce debt repayment burden Enhance liquidity for farmers

Captain Thammanat emphasized that It must also help promote the upgrading of the rubber industry according to the goals set. Promote increased use of rubber in the country They are preparing to revive the project of using rubber mixed with cement to make roads, which will need to be discussed with the Ministry of Transport. At the same time, RAOT will give Invest together with the private sector to open a tire factory. Then request a Cabinet resolution. Mandatory for all government vehicles to use rubber wheels produced from RAOT factories. This will greatly increase the amount of rubber used, along with the need to accelerate the expansion of the export market.

Mr. Nakorn said that RAOT focuses on operations to promote and support the management of the country’s rubber system. Covers all relevant sectors Currently, there are more than 1.7 million rubber farmers registered with RAOT, a total rubber plantation area of more than 19.8 million rai, and 1,101 registered farmer institutions, with a total of 327,782 member farmers as well as 558 entrepreneurs. There are 8 central rubber market offices with a total volume of rubber passing through the central market of approximately 300,000 tons/year and a network of 584 markets throughout the country.

In addition, RAOT has developed the Thai Rubber Trade (TRT) system, which is a Digital Platform linking information between 8 markets together. From May – October 2023, there is a total trading value of more than 2.9 billion baht.

Mr. Nakorn also mentioned the policy of 1 reduce, 3 increase (R3I) that RAOT is pushing to raise the level of the rubber industry. By reducing production costs (Reduce Cost) by allocating production factors. Support loans-subsidies which sets a budget limit of 408 million baht for loans and 678 million baht for subsidies, while also working to increase yield by managing rubber plantations. From rubber varieties, tapping systems, and disease management. Increase income by creating alternative income in rubber plantations through integrated farming, raising animals, and managing rubber plantations according to Carbon standards.

Credit increases value by developing rubber processing standards. By bringing technology to support the analysis of production. Including checking the traceability of the source of rubber products. (Traceability)

For important projects of RAOT that respond to the policies of the Ministry of Agriculture and Cooperatives, RAOT has carried out and driven various missions. To raise the quality of life of rubber farmers to be sustainable. By emphasizing the importance of building strength and always adhering to the interests of rubber farmers as the main focus. There are important projects such as the project to delay the sale of rubber by the Rubber Farmers Institute. To maintain stability in rubber prices There were 8,060 farmers participating in the project, net income increased by 14,400 baht per household, totaling more than 116 million baht, and 85 farmer institutions participated, net income increased by 1.56 million baht per household, totaling more than 127 million baht.

RAOT will speed up the drive for rubber management to cover all dimensions. Along with stimulating the creation of added value by processing rubber according to international standards. and environmentally friendly To expand competitive opportunities This is an important foundation in creating stability for the entire rubber system. This will lead to increasing income and improving the quality of life of farmers in a sustainable way.

Source: Thai News Agency