Pan-Asia

South and East Asia rubber news

Top Glove eyes 30% global market

January 30, 2012

PETALING JAYA – Glove maker Top Glove Corp Bhd expects to grow its global market share to 30% from 26.7% by the end of the year. “The global market volume consists of 150 billion pieces of gloves per year. Top…

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M’sian rubber mart expected to see better performance

January 30, 2012

KUALA LUMPUR – The Malaysian rubber market is expected to see a better performance in anticipation of limited supply in the commodity, dealers said. A dealer said the wet weather in rubber producing countries, particularly in Southern Thailand, would cause…

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Thailand approves US$472 million plan to support rubber prices: reports

January 30, 2012

THAILAND has approved a plan worth Baht 15 billion ($472 million) to buy 200,000 mt of natural rubber from local growers, news reports said Tuesday. The plan is aimed at supporting local natural rubber prices at Baht 120/kg. On Tuesday,…

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Supermax sees up to 30pc growth

January 30, 2012

KUALA LUMPUR – Glove manufacturer Supermax Corp Bhd is projecting between 20 per cent and 30 per cent sales growth this year, boosted by stabilised rubber prices and manufacturing expansion plans. For the financial year ended December 31, 2011, the…

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Rubber Board tie-up with ATMA to empower small growers

January 30, 2012

KOTTAYAM – The Rubber Board and the Agricultural Technology Management Agency have started an integrated programme for empowering the village level small grower organisations. The aim of the programme is to provide financial assistance for Rubber Producers’ Societies and Self…

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Only 5.2% of Indian SMEs in rubber products sector to invest in computers

January 30, 2012

NEW DELHI – Only 5.2% of respondents in a survey of SMEs in the rubber and rubber products conducted by IndiaMART Knowledge Services revealed that they planned to invest in computers. This was so despite the fact that a large…

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Cabinet authorizes BAAC to lend THB17Bil to prop up rubber prices

January 26, 2012

THAILAND – The Cabinet has green-lighted a special project to prop up local rubber price. Deputy government spokesman Anusorn Eiamsaard said that, at its weekly meeting, the Cabinet has resolved to approve a rubber-price support measure, as proposed by the…

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Chiangrai farmers starting to grow rubber trees

January 26, 2012

THAILAND – Many farmers, lured by hearty annual returns of 800,000 baht per 20 rai, have abandoned rice for rubber farming across the North, Northeast and East. Some formerly debt-ridden landowners have been able to pay off their loans after…

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Rubber may drop ‘sharply’ through March, Goldman Sachs says

January 26, 2012

THAILAND – Rubber may decline “sharply” through March as the end of the low-production season in Southeast Asia approaches and demand stays weak in China, the biggest consumer, said Goldman Sachs Group Inc. Prices have been “artificially inflated” after Thailand,…

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Malaysia eyes India’s rubber automotive parts market

January 26, 2012

NEW DELHI – Malaysia, the world’s fourth largest natural rubber producer, now aims to sell rubber automotive parts in India’s vibrant automotive segment. Malaysian exporters are trying to squeeze into India’s already congested market, but are confident their quality products…

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Rubber Prices
(Last Updated: 22 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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