TOP STORY
Growth path for synthetic rubber

Growth path for synthetic rubber

Amidst the volatilities in raw materials supplies and costs, demand for synthetic rubber is continuing to move forward, according to...

Read More

Prices of rubber surge due to floods in Malaysia; Top Glove remains optimistic

Prices of rubber surge due to floods in Malaysia; Top Glove remains optimistic

A large-scale flood in Malaysia, the biggest in years, have sent price of rubber surging, affecting some businesses, and not some. The world’s largest rubber glove...

Read More

Desma banks on auto sector for growth in Asia

Desma banks on auto sector for growth in Asia

Rubber injection moulding machinery manufacturer Klöckner Desma Elastomertechnik expects in three years that its market share in Asia will be upped to 50% of its turnover...

Read More

World total rubber demand to increase, predicts report

World total rubber demand to increase, predicts report

The newly-released World Rubber Industry Outlook has predicted that world total rubber demand is forecast to increase at 1.8% and 4.1% in 2015 and 2016 respectively...

Read More

Asian rubber sector looks forward to yearly gains after 2014

Asian rubber sector looks forward to yearly gains after 2014

Asia is a dominant region in terms of global rubber output and consumption. The bloc accounted for about half of the global rubber consumption and close to half of the global output in 2012...

Read More

Tyres making strides in growing Asian economies

Tyres making strides in growing Asian economies

Growing population and rising economic conditions stimulate tyre demand. Asia Pacific region is predicted to lead in scaling up tyre demand further. ExxonMobil Chemicals in its report...

Read More

A year of safety recalls

A year of safety recalls

The automotive industry has been up against challenging episodes in the outgoing year of 2014, and not only with vulnerable sales and production woes. What has tainted its rosy prospects is...

Read More

Guayule rubber in full throttle

Guayule rubber in full throttle

Finally, the development on the guayule shrub as a rubber alternative has come full circle, with tyre giants starting to roll out tyres made from the much-awaited plant rubber, to reduce the ...

Read More

Is Malaysia losing its hold on the glove market?

Is Malaysia losing its hold on the glove market?

Demand for rubber gloves will continue to grow; yet changing market needs may test the resiliency of the world’s largest rubber gloves producer, Malaysia, to remain in the lead, says...

Read More

Asian Rubber: Thriving against rubber volatility

Asian Rubber: Thriving against rubber volatility

Given that rubber is a volatile commodity, the Asian bloc, being the world’s largest rubber supplier is not spared from the travails of high inventories, unpredictable demand, and price swings...

Read More

Recycled carbon black to power electric vehicles?

Recycled carbon black to power electric vehicles?

Yes, the possibility of recycled carbon black being used to power electric vehicles could be a reality. Old tyres have never had it so good. In a bid to divert them from the landfills, tyres are...

Read More

Gripping opportunities in a niche market

Gripping opportunities in a niche market

The gloves sector is facing challenging times, with demand declining and an oversupply situation expected, though Malaysia, the largest exporter of gloves, maintains an optimistic view. Meanwhile...

Read More

Latest Headlines

Toyota faces disappointment: analysts

February 27, 2015
Toyota faces disappointment: analysts

The Malaysian Automotive Association (MAA) released the sales and production figures last week with total industry production (TIP) growth being upbeat, increasing 2.1 % year on year (y-o-y) after declining over the past four months. MIDF Amanah Investment Bank Bhd’s…

Read more »

Thailand optimistic rubber price will increase in mid-May

February 27, 2015
Thailand optimistic rubber price will increase in mid-May

Thai Deputy Agriculture Minister Amnuay Patise is confident that rubber sheets from the newly-harvested crops expected in mid-May will fetch between 65-75 baht per kilogramme and the prices will steadily improve afterward. He attributed the good price prospect for rubber to…

Read more »

Optical Liquid Silicone Rubber introduced at Proto Labs

February 27, 2015
Optical Liquid Silicone Rubber introduced at Proto Labs

Rapid prototyping and low-volume manufacturer Proto Labs, Inc. has added optical-grade liquid silicone rubber (LSR) to its existing lineup of moldable plastic, metal and LSR materials. High-performance optical LSR is transparent, extremely flexible and starting to replace glass in many…

Read more »

Haridwar tyre factory valued at Rs3,573 crore

February 27, 2015
Haridwar tyre factory valued at Rs3,573 crore

Kesoram Industries Ltd has internally valued its tyre factory at Haridwar, which it is hiving off and is looking to sell, at Rs.3,573 crore, at least Rs.1,200 crore more than what the cement and tyre maker had previously said it…

Read more »

TVS Srichakra increases production capacity

February 27, 2015
TVS Srichakra increases production capacity

TVS Srichakra is ramping up production capacity as the TVS Group company aims the top slot among India’s two-wheeler tyre manufacturers. The plan is to expand capacity to 2.4 million tyres a month by December from 2.0 million now. It…

Read more »

Rubber price slides; Indian government steps in

February 26, 2015
Rubber price slides; Indian government steps in

Chief Minister Oommen Chandy has said that the government would soon take steps to check the slide in rubber price. A press note issued by the Chief Minister’s Office, after discussions between Mr. Chandy and rubber dealers here on Wednesday…

Read more »

Cooper Tire announces new US$200 mn share repurchase authorisation

February 26, 2015
Cooper Tire announces new US$200 mn share repurchase authorisation

Cooper Tire & Rubber Company announced on Feb 23 that its Board of Directors has authorised the repurchase of up to US$200 million of the company’s outstanding common stock through December 31, 2016. Shares will be repurchased from time to…

Read more »

General Motors trims production to reduce stocks

February 26, 2015
General Motors trims production to reduce stocks

General Motors (GM) is trimming production at two of its car plants due to mounting dealer inventories in an effort to reduce stocks of the Chevrolet Sonic and Camaro, Buick Regal and other models. This week, GM scheduled downtime for…

Read more »

Michelin to introduce new tyre management contracts

February 26, 2015
Michelin to introduce new tyre management contracts

Michelin solutions is to introduce a new generation of ‘Pence Per Kilometre’ (PPK) tyre management contracts offering customers a contractual fuel saving commitment, to help make their fleets even more efficient. Due for launch at the Commercial Vehicle (CV) Show…

Read more »

General Tire celebrates 100th anniversary

February 26, 2015
General Tire celebrates 100th anniversary

The company traces its origins to Akron, Ohio, where William F. O’Neill and his partner Winfred E. Fouse had the idea of producing superior quality tyres and founded the company in 1915. At the time, there were more than 300…

Read more »

TEA2015-Event banner IMAGE
WRS2015-Event banner IMAGE

International Rubber Prices
(as of 03 February 2015)

Monthly The prices shown above do not include VAT @4% on purchase and expenses towards packing, transportation, warehousing  and other incidentals


Source: India Rubber Board

Automotive

  • Car owners get free repair infokit from RMA
    February 18, 2015 | 12:14 am

    RMA consumer research shows that many US motorists who have had a tyre puncture do not know how to identify an improper tyre repair, the association said. The free materials will help tyre dealers and auto repair shops to educate consumers about proper tyre repair, it said.

  • Toyo tyres to remain for latest Production GTi Championship
    February 17, 2015 | 11:41 pm

    The Toyo R888 is designed for wide appeal in the UK club motorsport market. It is the control tyre in dozens of championships and series, blending varied fitments, high performance and affordability.

  • New Audi R8 to debut at car show
    February 17, 2015 | 11:32 pm

    German automobile manufacturer, Audi will launch the new R8 supercar at the upcoming 2015 Geneva Motor Show this March, featuring the laser headlights of the new car.

  • RSSArchive for Automotive »
PRA ELECTRONIC ISSUE 2015
January/February Issue

Click here & browse