Chuwit Jungtanasomboon, CEO of Northeast Rubber Public Company Limited (SET: NER), revealed to “Kaohoon” that the company’s overall performance in 2025 will see total sales volume reach 470,000 tons, growing from around 440,000 tons in 2024, and total revenue of THB 32,500 million, up from approximately THB 27,000 million in 2024, due to strong orders from the existing customer base and continuous expansion of new customer segments.
Regarding the business outlook for 3Q25, sales volume is expected to remain stable compared to 2Q25, as customers delayed orders while awaiting clarification on the potential increase in U.S. tariffs on Thai goods. However, the situation has now returned to normal, and this should support a renewed growth in 4Q25, driven by higher selling prices.
In the case of the Rubber Authority of Thailand’s successful negotiation with the Chinese government to waive the import tax on natural rubber from Thailand—transported via the Mekong River—from the previous 20% to 0%, it presents an opportunity for Thailand to further expand its rubber market in China.
This is because Thailand exports a substantial volume of goods to China, especially natural rubber, and the reduction in export costs will significantly enhance competitiveness.
NER expects to directly benefit from the tax exemption, as over 60% of the company’s exports go to Chinese customers. The company anticipates that the positive effects will start to be seen from 4Q25 and become more pronounced in 1Q26.
Currently, NER’s sales backlog stretches through to the end of November 2025, and if competitiveness improves further, this will present the opportunity to secure even more orders.
