Tuesday, January 11, 2011

Rise In Rubber Prices Boon For Smallholders

LABIS, Jan 11 (Bernama) -- Rubber smallholders in the Tenang state constituency have benefited from a surge in natural rubber prices, an unbeaten run that started last September.

A smallholder, who just wanted to be known as Abu, said he earned up to RM4,000 a month from his 1.6ha smallholding while another, Tan, who has a 0.8ha plot, said his income rose to RM2,500 a month.

"Our income have increased sharply due to the rise in rubber prices. We lead a better life now," Abu, who has four school-going children, told Bernama at a rubber trading outlet here Tuesday.

He said with the extra income, he was able to enrol his children in computer classes and tuitions.

Tan said although his earning had doubled compared to a few years ago, he had to work hard for it.

"My wife and me had to wake up as early as 3am to tap some 300 rubber trees in our smallholding near Labis town.

For rubber mortgagee Leong, 60, he could get about 500kg of latex worth between RM3,000 and RM4,000 from 50ha of rubber smallholdings, which he leased since rubber prices soared to new highs.

"If the latex contained less water or the scrap rubber is thick, the smallholders will sell them to me at higher prices," said Leong, who employed six rubber tappers.

Licensed rubber trader Leong Mun Wai, 35, said he could buy more than one tonne of latex and scrap rubber from smallholders in the Tenang state constituency.

(Source: http://www.bernama.com.my/bernama/v5/newsindex.php?id=555780)

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