NER targets 2026 revenue of 32 billion baht on strong global tyre demand

EarningsCommodity
โดย Kaohoon·Read original
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Northeast Rubber, or NER, has set a 2026 revenue target of 32 billion baht, supported by sustained strong demand for natural rubber in the tyre industry, especially in China and India, despite global economic uncertainty. Chief Executive Officer Chuwit Jungthanasomboon said the company will continue to manage costs and inventory efficiently while hedging raw material risks to cope with market volatility, using a matching order strategy to align raw material purchases with product sales. Meanwhile, natural rubber output in several countries remains constrained by erratic weather and the El Niño phenomenon, keeping rubber prices at levels conducive to business operations.

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