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Supply glut, slowing demand leave rubber tappers in a sticky place

Half of Mr Winai's trees were left untapped this season, and he plans to raze about 100 rai (16 hectares) to grow cassava or pineapple instead.


AS rubber prices slumped towards a six-year low, 20 of 30 workers who drained the sticky latex from trees on Winai Chaikunanant's plantation in Thailand quit. Even with income sharing, they earned less than the minimum wage.

Mr Winai isn't faring much better. The 70-year-...