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Rubber farmers are worried about low prices

Industry: Agriculture & Livestock, Agro

The Bangladesh Rubber Board (BRB) and rubber producers claim that the country produced 67,939 tonnes of latex last year, up 58% from 43,000 tonnes in 2021. However, because prices were lower on the worldwide market, growers were upset.

According to industry insiders, the cost of producing one kilogram of rubber in Bangladesh ranges from $0.63 to $0.84. Global growth is predicted to decline from an estimated 3.4% in 2022 to 2.9% in 2023.

Currently, 1,304 private gardens and 28 gardens run by governmental agencies are operating on 140,000 acres of land to grow rubber. 




Source for more details:

The Daily Star



Source for more details:

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