North East Rubber Public Company Limited, or NER, is confident that revenue in 2026 will reach 30 billion baht according to its plan, driven by the upward trend in global natural rubber prices. Chief Executive Officer Chuwit Jungtanasomboon said the company is closely monitoring supply and demand conditions in the natural rubber market, while managing raw materials, costs, and product inventory in line with market conditions. Factors supporting rubber prices come from an overall tight supply due to natural rubber output affected by weather, while demand from major tire manufacturers, especially in the Chinese and Indian markets, still has momentum, together with the electric vehicle trend and the European Union's EUDR measures that support natural rubber demand in the long term. For the third quarter of 2026, the company estimates that higher average selling prices will help support revenue, even though sales volume will be affected by the tightness of raw materials, and it aims to manage production across its factories in line with available raw material volumes.
North East Rubbers Public Company LimitedGlobal natural rubber prices surge on tight supply and strong demand from Chinese/Indian tire makers and EUDR, supporting NER's revenue and selling prices.
