Pan-Asia

South and East Asia rubber news

NR up by 35% due to fall in output, rise in demand

February 14, 2019
NR up by 35% due to fall in output, rise in demand

Due to fall in production and rise in consumption, natural rubber (NR) imports to India increase by 35%. For nine months, imports rise at 4,490,088 tonne from a year ago according to Rubber Board data. Rubber import stood at 4,790,670…

Read more »

Cambodia faces revenue losses even with higher rubber exports

February 11, 2019
Cambodia faces revenue losses even with higher rubber exports

Cambodia lost 4% year-on-year from dry rubber exports despite an increase in shipments. The Khmer nation reportedly increased 15% of exportation of dry rubber amounting to 217,500 tonnes, However, because the price of the commodity fell to US$1,319 per tonne…

Read more »

China synthetic rubber leaps in bounds in 2023 – report

February 8, 2019
China synthetic rubber leaps in bounds in 2023 – report

China’s synthetic rubber sees growth in 2023, according to an industry report. The Global and China Synthetic Rubber (BR, SBR, EPR, IIR, NBR, Butadiene, Styrene, Rubber Additive) Industry Report, 2018-2023 said that a growth rate of around 6% for synthetic…

Read more »

Vietnam inaugurates new rubber processing plant in Son La

January 14, 2019
Vietnam inaugurates new rubber processing plant in Son La

The Viet Nam Rubber Group opened its new US$4.8 million-rubber latex processing plant, in the northern province of Son La. The plant, which started construction in early 2018, and spanning 16 hectares in Thuan Chau’s Tong Lenh commune,  has two…

Read more »

China, Sri Lanka in talks for rubber based FTZ

January 14, 2019
China, Sri Lanka in talks for rubber based FTZ

The Vice Governor of China’s Hainan province, Shen Danyang and Minister of Plantation Industries Navin Dissanayake in Colombo have recently discussed China’s plans to establish a  rubber based Free Trade Zone (FTZ) in Sri Lanka. Likewise present were officials of the Chinese…

Read more »

Vietnam rubber export’s wins and losses in 2018

January 8, 2019
Vietnam rubber export’s wins and losses in 2018

According to reports, quoting the Vietnam Rubber Association, Vietnam has shipped an estimated 1.6 million tonnes of rubber or over US$2 billion in 2018, up 14.5% in volume but down 6.1% year-on-year in value. In December, the country exported 190,000…

Read more »

New tyre plant to rise in Thailand for Prinx Chengshan

January 7, 2019
New tyre plant to rise in Thailand for Prinx Chengshan

Chinese tyre maker Prinx Chengshan is acquiring land plots in Thailand worth an estimated US$25 million for its new plant. The transaction involves purchase of 2,250 acres of land in Tambon Nong Suea Chang, Amphur Nong Yai and Tambon Klong-Kew,…

Read more »

Hainan Rubber Group ventures into graphene-rubber exploration

December 19, 2018
Hainan Rubber Group ventures into graphene-rubber exploration

Hainan Rubber Group has set up a new research facility, which will start developing graphene and natural rubber composites. The company’s partnered with Aero Engine Corp. of the Beijing Institute of Aeronautical Materials, China’s largest aerospace materials engineering institute, to…

Read more »

Alibaba to set up e-commerce site for Thai rubber

December 13, 2018
Alibaba to set up e-commerce site for Thai rubber

Alibaba is working with the Rubber Authority of Thailand (RAT) to provide an auction system for Chinese buyers of Thai rubber in China. They anticipate annual sales of at least 200,000 tonnes. Nakorn Tangavirapat, deputy governor of the RAT, said…

Read more »

Sheet rubber prices drop in India while production rises

November 22, 2018
Sheet rubber prices drop in India while production rises

Sheet rubber prices have fallen 5% in November so far following an increase in production amid slowing demand. On Wednesday, the RSS-4 variety, used in tyre manufacturing, was priced at Rs119 per kg. “In October, our production should be close…

Read more »

Rubber Prices
(Last Updated: 18 Feb 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
Flag Counter

Automotive

PRA ELECTRONIC ISSUE
PRA Jan/Feb 2019 issue

Click here & browse