Thai Eastern Group Holdings PCLImpact on assets 2
Thai Eastern Group Holdings PCLSurging global natural rubber prices and tight supply conditions are benefiting TEGH's rubber business, signaling higher prices for natural rubber.
Thai Eastern Group Holdings Public Company Limited, or TEGH, disclosed that the rise in global natural rubber prices, together with tight supply conditions, is benefiting its business. Managing Director Sineenuch Kokanutaporn said the company holds sufficient raw rubber inventory to support continuous production for up to two months, while flooding and heavy rain in several areas have had no significant impact on production. As for EUDR-standard rubber, the company's sales proportion was approximately 30% in early 2026 and rose to 40% from the third quarter of 2026. If the EUDR law takes effect as scheduled without delay, the share of EUDR rubber sales in 2027 is expected to reach 50% of total orders, and this type of rubber delivers a higher profit margin than general rubber products. As for the plan to list Thai Eastern Bio Power Public Company Limited, or TEBP, on the Market for Alternative Investment to offer IPO shares, the listing process is now ready, and management will bring the matter to a board meeting to seek a clear conclusion during October 16-17, 2026.
Thai Eastern Group Holdings PCLSurging global natural rubber prices and tight supply conditions are benefiting TEGH's rubber business, signaling higher prices for natural rubber.