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Thailand is the world's largest rubber exporter, and Thai Rubber Latex Corporation (Thailand) Public Company Limited (Thaitex) is the largest natural concentrated latex producer and supplier recording over 100,000 tons of the natural concentrated latex per annum. The company comprises of eight latex plants located in rubber plantation area in the east, south, and northeast of Thailand Over 90 percent of Thailand's natural rubber and products made from rubber are exported to overseas markets. The country's dependence on the world market means the industry is sensitive to price fluctuations in international trade, which in turn, is influenced by the prevailing global demand for natural rubber. Strong competition from other major natural rubber producing countries, like Malaysia and Indonesia, and climatic conditions are also important factors that significantly affect the rubber industry in Thailand. Thai Rubber Latex Corporation's remarkable success over the years can be at... [Details]
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