Pan-Asia

South and East Asia rubber news

Sri Lanka’s rubber traders face slow start in 2012

January 26, 2012

COLOMBO – Traders in the world’s seventh largest natural rubber exporter Sri Lanka fear that volumes for the first quarter may be low after the first auction in the new year failed to brighten prices, an official said here recently.…

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M’sia to emerge as world’s No. 1 contraceptive maker, says agency

January 24, 2012

KUALA LUMPUR, Malaysia – A leading rubber industry agency has predicted Malaysia will emerge as the world’s top condom producer this year, dethroning Thailand as the market leader. The Malaysian Rubber Export Promotion Council said Malaysia has captured at least…

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Lanxess teams up with Hwaseung

December 30, 2011
Lanxess teams up with Hwaseung

Lanxess and South Korea’s tier-one automotive supplier, Hwaseung Corporation, have entered into a long-term agreement where Lanxess will supply Hwaseung with EPDM rubber and both companies will focus R&D efforts on speciality rubber applications. Ethylene propylene diene monomer (EPDM) synthetic…

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Momentive expands to South Korea

November 29, 2011
Momentive expands to South Korea

SILICONES supplier Momentive Performance Materials has expanded its marketing and technology operations in Seoul, South Korea, with a new application development centre at the Gasan Digital Complex to meet growing demand for speciality silicone products in the country. The new…

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Reduction of tariffs for Korean tyres into US

November 29, 2011
Reduction of tariffs for Korean tyres into US

THE US-based Tire Industry Association (TIA) reports recently signed Korean-United States Free Trade Agreement will reduce the tariff on the importing of Korean manufactured car and truck radial tyres from 4% (3.4% for non-radial) through a series of graduated step-downs…

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Cutting growth of rubber to stabilise prices

November 29, 2011
Cutting growth of rubber to stabilise prices

THAILAND’S rubber growers in the southern provinces have agreed to reduce supply by at least 25% in an attempt to stabilise prices that have been declining steadily for two months. Planters will reduce tapping to 15 days a month from…

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Vietnam adjusts tax tariff on rubber exports

November 29, 2011
Vietnam adjusts tax tariff on rubber exports

VIETNAM has decided to make adjustments on the tax tariff for export of some rubber commodities. Export of natural rubber products and natural rubber latex, which are either pre-vulcanised or unvulcanised will be subject to a tax of 3%, instead…

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Michelin to sell shareholding in Hankook

November 29, 2011
Michelin to sell shareholding in Hankook

FRENCH tyre maker Michelin plans to sell up to 15 million shares it owns of Hankook Tire, representing approximately 9.98% of the share capital of this company, via an institutional private placement by way of an accelerated book building. Michelin…

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Rubber smallholders encouraged to sell rubber seeds to Risda

October 27, 2011

KOTA BAHARU, Malaysia – More than 120,000 rubber smallholders in the country are encouraged to sell rubber seeds to the Rubber Industry Smallholders Development Authority (RISDA) to help with the agency’s replanting programme. Its Director-General, Datuk Wan Muhamad Zuki Mohamed,…

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RM195 mn allocation for rubber replanting programme

October 27, 2011

PENAMPANG, Malaysia – The federal government has approved an allocation of RM194.723 million for the rubber replanting programme and new rubber cultivation nationwide for the 2011-2012 period. Plantation Industries and Commodities Minister Tan Sri Bernard Dompok said from this amount,…

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Rubber Prices
(Last Updated: 10 Dec 2018)

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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