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October average RSS3 price announced by Central Rubber Market in Songkhla stood at 55.72 Baht/kg, 5.01 % up from September due to the following factors amid concern over world economic trend and sluggish automobile sector in several countries. Rainy condition in plantation areas of Thailand obstructed tappers to produce rubber normally, raising processors’ demand and resulting in purchasing competition. Depreciation of Thai Baht and Japanese Yen brought about a slump of Thai rubber price, resulting in more purchasing demand. Global crude oil price at Nymex touched one year high at 51.35 dollars per barrel as of 10 October 2016. Chinese inflation figure is higher than expected; September CPI improved 1.9% from 1.3% in August. China's central bank injected a total of 763.71 billion yuan ($112.8 billion) via short- and medium-term liquidity tools in October, as it seeks to support credit expansion and the economy. Japan parliament approved 4.11 - trillion - yen ($40 billion) supplementary budget to boost economy. German ZEW Economic Confidence jumped to 6.2 points, while the Eurozone report climbed to 12.3 points.
In September 2016, Thailand exported 296,636 tons of natural rubber (including compound rubber), 10.35 % down from August and 9.96 % down yoy, generating export income of US$ 389.55 million, 1.92 % down from August, and 12.92 % down yoy. Overall, during January to September Thai NR exports (including compound rubber) reached 2,827,789 tons, 8.26 % down yoy. The first 9 months of 2016 export value touched US$ 3.36 billion, 25.64 % down yoy.
In tyre sector, in September Thailand exported 9.42 million units of all tyres, 4.64 % up yoy, with the export value of US$ 315.21 million, 11.39 % up yoy. Overall, during January to September Thai exports of all tyres reached 84.07 million units, 6.03 % up yoy, generating export income of US$ 2.65 billion, 0.78 % up yoy.
![[Current Year]](/en/index.php/detail_member/thainr_graph/uploadfile/thb/020250314131618.jpg?detail=situation&yearPlus=Nothing){kind=link}