NER targets 32 billion baht revenue on strong tire demand

MGR Online•Economy•21h ago

Reader Briefing

North East Rubber targets 32,000 million baht in revenue for 2026 driven by strong global tire demand.

•North East Rubber Public Company Limited targets revenue of 32,000 million baht for the year 2026.
•Demand from major tire manufacturers in China and India remains strong.
•Natural rubber production is limited by volatile weather and El Niño.
•CEO Chuwit Chungthanasomboon is implementing a Matching Order strategy to manage raw material price volatility.

•North East Rubber sees the natural rubber business trend for the second half of 2026 supported by continuous demand in the rubber industry.
•Global natural rubber production is limited due to volatile weather conditions and the El Niño phenomenon.
•North East Rubber aims to push revenue for the year 2026 toward a goal of 32,000 million baht.
•Chuwit Chungthanasomboon stated that demand from major global tire manufacturers, particularly in China and India, remains strong.
•North East Rubber is using a Matching Order strategy to align raw material procurement with product sales to reduce price volatility.
•Chuwit Chungthanasomboon is focusing on efficient cost and stock management to maintain profitability.
•Natural rubber prices are expected to remain stable at levels favorable for both producers and users.

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Chuwit Chungthanasomboon

"The company closely monitors the situation and direction of rubber prices and focuses on management under controllable factors."

บริษัทฯ ติดตามสถานการณ์และทิศทางราคายางอย่างใกล้ชิด และเน้นในการบริหารจัดการภายใต้ปัจจัยที่สามารถควบคุมได้

North East Rubber(นอร์ทอีส รับเบอร์)

A company operating in the natural rubber industry targeting 32,000 million baht in revenue for 2026.

North East Rubber Public Company Limited(บริษัท นอร์ทอีส รับเบอร์ จำกัด (มหาชน))

The full legal name of the rubber company referred to as NER.

Chuwit Chungthanasomboon(ชูวิทย์ จึงธนสมบูรณ์)

The Chief Executive Officer of North East Rubber Public Company Limited.

China(จีน)ℹ️

A major market with strong demand for rubber from tire manufacturers.

India(อินเดีย)ℹ️

A major market with strong demand for rubber from tire manufacturers.