Pan-Asia

South and East Asia rubber news

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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Glove makers set to raise prices

September 27, 2011

PETALING JAYA – Rubber glove makers are set to raise prices of their products, in view of costlier labour, fuel, packaging and a weakening US dollar. “Fuel and labour costs have gone up considerably. The US dollar, too, has weakened…

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Vehicle owners urged not to use retreaded, winter tyres

September 27, 2011

TEMERLOH – Vehicle owners are urged not to use retreaded tyres and winter tyres as several road accidents in the country have been found to involve tyre failure. Pahang Road Transport Department (JPJ) director, Datuk Zakaria Man said even though…

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Hankook seeking strategy to increase RI market share

September 26, 2011
Hankook seeking strategy to increase RI market share

ACKNOWLEDGING the tight competition in Indonesia’s tyre markets, South Korea’s number one tyre producer, Hankook, has built its seventh plant in Cikarang, West Java, “merely” to cut the production costs of tyres they will sell outside Indonesia. The new plant…

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Indian branding efforts set to conquer markets

September 25, 2011

BACK in February, in a major branding exercise, India’s Rubber Board had unveiled a quality certification logo for natural rubber that was expected to increase the acceptability of ‘Indian Natural Rubber’ in the world market. Now, with 3000 tonnes of…

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Rubber drops as slumping economies, European debt crisis may curb demand

September 25, 2011

RUBBER declined amid speculation that slowing growth in Asian economies and Europe’s sovereign- debt crisis may weaken demand for the commodity used in tyres. The February-delivery contract fell as much as 1.6 percent to 359.1 yen a kilogramme ($4,670 a…

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Malaysia Rubber-China gets bargains; wintering in Sumatra

September 25, 2011

SINGAPORE – Main rubber consumer China was chasing more tyre grade from Thailand after improving supply prompted sellers to cut prices, but Indonesia was a bit cautious during the dry wintering season, dealers said Wednesday. Wintering has started in the…

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Government plans to put up P100-million rubber institute

September 25, 2011

PHILIPPINES – The Agriculture department plans to spend about P100 million to establish a Philippine Rubber Research Institute (PRRI) in 1,000-hectare area near Mindanao State University in Naga, Zamboanga Sibugay next year, the Bureau of Agricultural Research (BAR) said in…

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Rubber market may extend gains

September 25, 2011

The Malaysian rubber market may extend gains next week due to tight supply of raw material. “The market is concerned over the tight supply of raw material,” a dealer said. Buyers are worried over low production in producing countries, namely…

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Rubber planters carry first protest to Government House

September 25, 2011

BANGKOK, Thailand – Rubber planters recently rallied at the residence of Prime Minister Yingluck Shinawatra before moving to Government House, urging a probe of alleged corruption within the Rubber Replanting Aid Fund Office, in the first demonstration since the Pheu…

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Rubber Prices
(Last Updated: 17 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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