Pan-Asia

South and East Asia rubber news

First harvest from rubber project in Ulu Tongod FMU

July 18, 2011

TELUPID, Sabah – A rubber planting pilot project in the Ulu Tongod Forest Reserve jointly implemented by the Sabah Forestry Department and TSH Resources Bhd eight years ago has started bearing fruit with the first official harvest made recently. Sabah…

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Rubber stocks gain on customs duty abolish news

July 18, 2011

FINANCE Ministry may abolish customs duty on rubber up to 1 lakh tonne, according to CNBC-TV18. The Commerce Ministry has proposed removal of 20% duty on the commodity likely due to rising domestic rubber prices. Ceat touched an intraday high…

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New publication on rubber off the press

July 18, 2011

MANILA, Philippines – A “Technoguide on Diseases of Rubber and their Management” is off the press. The volume was written by Dr. Noemi G. Tangonan, head of the Plant Pathology Research Laboratory of the University of Southern Mindanao-Crops Research Division…

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Rubber tyre scraps custom duty exemption suggested

July 18, 2011

KARACHI – Cement manufacturing companies have suggested to the National Tariff Commission an exemption from the levied custom duty on rubber tyre scraps. Cement industry sources told that currently 20 custom duties levied on the imported tyre scraps, while the…

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Rubber exports to hit $3b

July 18, 2011

HA NOI – Rubber exports are expected to total about 830,000 in 2011, earning over US$3 billion, with annual output projected to increase by 4 per cent, according to the Viet Nam Rubber Association (VRA). Nguyen Viet Chien, director of…

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Rubber industry welcomes CP involvement

July 18, 2011

RUBBER experts have welcomed the move by CP Group to enter the industry extensively, saying the presence of the agribusiness heavyweight would create more competition and benefit the industry as a whole The bright outlook in the next few years…

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Latexx’s due diligence on YTY almost over

July 18, 2011

KUALA LUMPUR – Latexx Partners Bhd is poised to complete a due diligence on YTY Industry Holdings Sdn Bhd by as early as next month, says chief executive officer Low Bok Tek. “It should be completed by the end of…

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Soaring rubber prices skids sales of slippers

June 26, 2011

KOCHI – Rising rubber prices have led to more expensive footwear for the common man. Prices of no-frill rubber slippers and flip flops have doubled in the past 18 months. Higher prices and the use of substitute raw materials have…

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M’sian rubber market likely to see steady trading this week

June 13, 2011

KUALA LUMPUR – The Malaysian rubber market is likely to see steady trading this week on expectation of firm demand for the commodity, dealers said. They said the local mart will also closely look at prices in the regional futures…

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China plant set to become Pirelli’s largest

June 8, 2011

ACCORDING to news from Asia, Pirelli intends to develop its factory in China’s Shandong Province into the largest facility it operates anywhere in the world. Singapore’s The Business Times quotes Pirelli Asia-Pacific CEO Giuseppe Cattaneo as stating “China is going…

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International Rubber Prices

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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