Pan-Asia

South and East Asia rubber news

Thailand struggles for rubber price rebound

January 8, 2018
Thailand struggles for rubber price rebound

Rubber prices are expected to rise to 60 baht a kilogramme in the first quarter. This comes after Thailand, Indonesia and Malaysia pledged to withhold exports of 350,000 tonnes of natural rubber (NR) from this month until March. The pledge…

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Despite volatile prices, Cambodian rubber exports rise by 37 %

January 4, 2018
Despite volatile prices, Cambodian rubber exports rise by 37 %

Shipments of Cambodian rubber abroad increased by nearly 36 % in 2017, amounting to 190,000 tonnes, a senior official at the general directorate of rubber announced recently. Pol Sopha, the director-general of the general directorate of rubber at the Ministry…

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2017 year in review: sad news for the Indian rubber market

January 4, 2018
2017 year in review: sad news for the Indian rubber market

The year 2017 saw several disappointments. Industry troubles such as price crash and production loss due to climate change continued to haunt the 10-lakh odd growers especially in the small and medium segment. Prices hovered at  120-130/kg for the RSS-4…

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Thailand to export 240,000 rubber pillows to China annually

January 4, 2018
Thailand to export 240,000 rubber pillows to China annually

Thailand is expected to export 240, 000 of its rubber pillows to China annually. Thailand’s rubber pillows are made by rubber planters under the Network of Rubber Planters Institutes of Thailand, said Suphat Eawchai, the official attached to the Ministry…

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Vietnam prosecutes former state rubber firm chairman amid corruption crackdown

December 13, 2017
Vietnam prosecutes former state rubber firm chairman amid corruption crackdown

A former chairman of state-run Vietnam Rubber Group (VRG) and four other officials from its units have been issued with prosecution and probation orders for alleged violations of state rules, Vietnamese police said. Communist Vietnam is in the middle of…

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Rubber prices in Thailand slip, ex-Democrat Party leader Chuan Leekpai petitions PM

December 11, 2017
Rubber prices in Thailand slip, ex-Democrat Party leader Chuan Leekpai  petitions PM

Former prime minister and ex-Democrat Party leader Chuan Leekpai has appealed to premier Prayut Chan-o-cha to address falling household income in the South. The petition was lodged to Gen Prayut via his deputy Wissanu Krea-ngam. Based on Chuan’s petition, the…

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Vietnam Rubber Group plans to raise $563 million in share sale

October 25, 2017
Vietnam Rubber Group plans to raise $563 million in share sale

State-run Vietnam Rubber Group (VRG) has approved a plan to sell 25 % of the company in an initial public offering, worth an estimated 12.8 billion dong (US$563 million). The sale is part of Vietnam’s plans to trim stakes in…

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MARGMA: Export of surgical gloves estimated to bring in RM16.2 billion in 2017

October 19, 2017
MARGMA: Export of surgical gloves estimated to bring in RM16.2 billion in 2017

The Malaysian Rubber Glove Manufacturers Association (MARGMA) expects the total export of medical examination and surgical gloves this year to reach almost 150 billion pieces and bring in estimated revenue of RM16.2 billion. President, Denis Low Jau Foo said in…

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Malaysia sends delegation to Vietnam to strengthen bilateral cooperation

October 6, 2017
Malaysia sends delegation to Vietnam to strengthen bilateral cooperation

Malaysian Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong recently headed a delegation to Vietnam to strengthen bilateral relations between the two nations.  The trip comes during a time when Vietnam is predicted to have significant growth in…

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Vietnam Rubber Group to sell 25% stake worth US$563 mn

September 29, 2017
Vietnam Rubber Group to sell 25% stake worth US$563 mn

State-run Vietnam Rubber Group (VRG) is putting 25% of its stakes up for sale in an initial public offering (IPO), which is worth an estimated US$563 million (12.8 billion dong), the company said. The sale is part of Vietnam’s plans…

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International Rubber Prices
(as of 16, January 2018)

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

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