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Thai Rubber Latex Group Public Company Limited

Thai Rubber Latex Group Public Company Limited produces and distributes concentrated latex and other latex products in Thailand, the People's Republic of China, Hong Kong, Pakistan, Malaysia, the Republic of Korea, and internationally. The company operates through Concentrated and Prevulcanised Latex; Latex Products; and Plantations segments. It offers concentrated and pre vulcanized latex products; skim rubber products, such as skim blocks and crepe rubber; modified natural rubber; and natural rubber latex for use in gloves, foam products, and latex threads applications. The company also engages in the planting of hemp. Thai Rubber Latex Group Public Company Limited was formerly known as Thai Rubber Latex Corporation (Thailand) Public Company Limited and changed its name to Thai Rubber Latex Group Public Company Limited in July 2019. The company was incorporated in 1985 and is based in Samut Prakan, Thailand.

Price · split & dividend adjusted
News & notes moving TRUBB.BK
Critical Materials & Supply Chain

EU classifies Thailand as low-risk under EUDR, boosting STA, NER, TRUBB

The European Union has classified Thailand as a low-risk country under the EU Deforestation Regulation, or EUDR. This means rubber importers from Thailand are eligible for Simplified Due Diligence and face random inspections at a rate of just one percent, which is lower than Indonesia and Malaysia. The move enhances the competitiveness of Thai rubber and rubber product exports while elevating the sustainability image of Thai goods. However, Thailand still needs to accelerate the development of traceability systems and smallholder farmer data to comply with the new rules. Kasikorn Securities noted this is positive for the rubber sector and exporters such as Sri Trang Agro-Industry, North East Rubber, and Thai Rubber Latex Group, as they stand to maintain their European market share and improve competitiveness under the new EUDR.
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TRUBB.BK

Phillip Securities says 12.5% US tariff has limited impact on Thai stocks, advises watching electronics

Phillip Securities stated that the US has announced a new round of tariff hikes under Section 301, with Thailand facing a rate of 12.5%, which is higher than the previous global tariff of 10% under Section 122 that expires today. This is seen as negative sentiment for the SET Index, especially for export-oriented stocks, but the impact is expected to be limited because many key Thai export items are likely to be exempted under Annex II, particularly in the electronics sector. These include communication equipment with export value of 11 billion dollars, computer storage units at 5.2 billion dollars, and portable computers at 4.2 billion dollars, out of Thailand's total exports to the US of 72 billion dollars. Meanwhile, the rubber, processed seafood, and pet food sectors are likely to be affected. The base case assessment is that it will impact ITC's net profit by only 120 million baht, reducing the 2026 base price from 19.40 baht per share to 18.70 baht per share. TU is similarly affected due to a smaller proportion of exports to the US. For the rubber sector, companies like NER, STA, TEGH, and TRUBB face negative sentiment from potentially lower domestic rubber demand if tire competition in the US market becomes more difficult.
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