North East Rubber Public Company Limited, or NER, is confident that its revenue in 2026 will reach 30 billion baht in line with its plan, driven by higher natural rubber prices amid tight supply and strong demand. Chief Executive Officer Chuwit Jungtanasomboon said the company is closely monitoring supply and demand conditions in the natural rubber market and is managing raw materials, costs and inventory in line with market conditions to cope with rubber price volatility. Factors supporting rubber prices stem from output affected by weather, while demand from major tire manufacturers remains strong, especially in the Chinese and Indian markets and other key automobile-producing countries. In addition, growth in the automotive and electric vehicle, or EV, industries is also supporting natural rubber demand over the long term, including environmental regulations such as the European Union's EUDR, which is prompting operators to place greater emphasis on sourcing and traceability. For the third quarter of 2026, the company estimates that higher average selling prices will help support revenue even though sales volume has been affected by tight raw materials, and the company will manage production across its plants in line with raw material volumes to maintain operating efficiency.
North East Rubbers Public Company LimitedNER expects 2026 revenue to reach 30 billion baht driven by strong natural rubber demand from tire makers and the auto/EV industry.
Natural rubber prices are supported by tight supply from weather-affected output and strong demand from major tire manufacturers.
