Thailand’s rubber industry witnessed a strong rebound in 2024, with leading company Sri Trang Agro-Industry Public Company Limited (STA) scripting a remarkable recovery while another major North East Rubber Public Company Limited (NER) reported a solid growth in revenue and profitability.
Highlights
• Sri Trang posts US$48.8 mn profit, reversing loss of US$12.7 mn in 2023
• Sri Trang sells 133,163 tons of EUDR rubber in 2024
• North East Rubber setting up plant in Ivory Coast