Malaysian rubber glove shares rose on Monday against the acquisition updates and mergers as well as favourable macro factors which are anticipated to hang out well for the financials of these companies. By to the Austria-based Semperit Aktiengesellschaft…
European tyre makers are expected to have a boost in their profits are the European Union is discussing about the mandatory of using snow tyres during the winter.
India natural rubber prices are showing positive trends in the spots and futures due to the rains and the cartelisation of the three largest producer of rubber in the world.
Tyre manufacturers have increased their cost as the rubber prices are sent back to the bull market.
German specialty chemical company Lanxess is participating in the first ever Tire Label Legislation & Marketing Conference (TLLM) in Brussels.
Rubber received its fourth month on the high exporters cut their shipment to decrease the supply and increase the demand and the price.
The Key Tokyo Commodity rubber started good Monday morning but fell flat at the end of the day.
Conti is said build a new rubber recycling plant in Hanover to be used in manufacturing new and retreaded rubber tyres.
Kamarul Baharain Basir, the Secretary-General of the Association of National Rubber Producing Countries, said that the rubber supply around the world has increased to 4.7 percent while the demand has increased to 4.8 percent.
The Philippine Department of Trade and Industry (DTI) is hosting an event and inviting the major stakeholders from the Philippine rubber industry to talk about the investing and marketing opportunities for natural rubber manufacturers as well as the issues surrounding the industry.