Industry News

SGX proposes changes to benchmark SICOM Rubber

January 30, 2014
SGX proposes changes to benchmark SICOM Rubber

Singapore Exchange (SGX) celebrates the 20th Anniversary of its global benchmark SICOM Rubber Futures this year, on the back of multiple records achieved in 2013. From production to trading, rubber had its roots firmly planted within Singapore from the early…

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Rubber futures slip into bear market as China’s inventory rises

January 29, 2014
Rubber futures slip into bear market as China’s inventory rises

Rubber futures in Tokyo fell into a bear market as stockpiles in China swelled to a nine-year high, signaling weakening demand from the largest consumer of the commodity used in tires. Rubber for delivery in June on the Tokyo Commodity…

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Hankook Tire’s operating profit up 14.6 pct in Q4

January 29, 2014
Hankook Tire’s operating profit up 14.6 pct in Q4

Hankook Tire Co., South Korea’s leading tyre maker, said Tuesday its fourth-quarter operating profit moved up 14.6 percent from a year earlier, helped by growth in sales of high-value added products. Operating profit, a key indicator of business performance, came…

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Continental embarks on TPMS function production – Further development on the cards

January 29, 2014
Continental embarks on TPMS function production – Further development on the cards

The leading tyre maker, Continental Tyres, has declared that it has begun series production of a novel feature – ‘Filling Assistant’ – pertaining to its TPMS system. This new feature will ensure that tyres run only on correct pressure always,…

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Rubber glove shares rise on bird flu, weaker ringgit

January 28, 2014
Rubber glove shares rise on bird flu, weaker ringgit

Shares of Malaysian rubber glove manufacturers rose as much as 3% on news of bird flu outbreaks in China and South Korea. Stocks like Supermax Corp Bhd, Kossan Rubber Industries Bhd and Hartalega Holdings Bhd have also gained as the…

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Kerala mulls rubber procurement

January 28, 2014
Kerala mulls rubber procurement

Kerala plans to procure rubber from the open market to meet the demand from its production units, Chief Minister Oommen Chandy informed the state assembly Tuesday. Responding to a calling attention motion, Chandy told the assembly that fall in rubber…

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Yokohama combines Japanese retreading operations

January 28, 2014
Yokohama combines Japanese retreading operations

In order to strengthen its Japanese-market retreading activities and meet an anticipated increase in demand for retreaded tyres, on Jan. 1 2014 Yokohama Rubber integrated its two domestic retreading businesses into a single entity. The new Japanese retreading company is…

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Kossan to double production capacity

January 28, 2014
Kossan to double production capacity

Kossan Rubber Industries Bhd (Kossan) expects to double its gloves production capacity to 32 billion pieces a year by 2017 to meet the rising demand. The production expansion is also expected to sustain its earnings growth by 20 to 25…

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Rubber price expected to ease next week

January 28, 2014
Rubber price expected to ease next week

Malaysian rubber prices are expected to be on a downtrend next week due to lack of demand from the world’s biggest rubber consumer, a dealer said. Chinese investors had started to pull out of the market ahead of the Lunar…

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IRSG adds two to panel of associates

January 27, 2014
IRSG adds two to panel of associates

The International Rubber Study Group added Hainan Rubber Industry Group Co. Ltd. and Tire Industry Research to its panel of associates. Haninan was founded in 2005 and is based in Haikou, China. Hainan’s business covers the cultivation, processing and sale…

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Rubber Prices
(Last Updated: 11 April 2019)

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


Source: Latex India
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