Chuwit Jungtanasomboon, Chief Executive Officer of North East Rubber Public Company Limited, or NER, said the outlook for the rubber business in the final stretch of 2026 remains bright, supported by higher global rubber prices amid tight global natural rubber supply as output has been affected by weather. Demand for rubber from the Chinese and Indian markets and major automobile-producing countries, as well as the tire industry, continues to carry momentum, and the growth of electric vehicles is also supporting demand over the long term. In addition, enforcement of the European Union's EUDR regulation has led operators to place greater emphasis on sourcing and traceability of raw materials, and NER has developed partner networks and a source-verification system to meet global market demand. In 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 tight raw material supply. The company aims to manage production across its plants in line with available raw material volumes, and is confident that revenue in 2026 will reach 30 billion baht as planned.
North East Rubbers Public Company LimitedNER expects 2026 revenue to top 30 billion baht on strong Chinese/Indian and tire-industry rubber demand and higher selling prices.
Global natural rubber supply is tight as weather has hit output, pushing rubber prices higher.
