KOTTAYAM, India — Natural (NR) and synthetic rubber (SR) production increased in the final months of 2011 in India, according to a report from the India Rubber Board. NR output grew 3.7% to 106,800 metric tonnes in December compared with…
Category: Pan-Asia
South and East Asia rubber news
China launches anti-dumping probe into Japanese and US resorcinol imports
THE Ministry of Commerce announced Friday it will launch an anti-dumping probe into resorcinol imported from Japan and the United States, People’s Daily reported. A brief statement on the MOC’s website said it will start investigating the dumping margin and…
Tokyo futures drop 1%, but post solid gain on quarter
TOKYO rubber futures ended 1% lower on Friday as players took profit ahead of the quarter’s end, but firm oil prices and limited supply in major producing countries continued to lend support, dealers said. The benchmark rubber contract on the…
Thailand to accelerate plan to cut down aging rubber trees
THAILAND, the world`s largest producer and exporter of natural rubber, may cut down 500,000 rai (80,000 hectares) of rubber trees this year to help boost prices, deputy farm minister Nattawut Saikuar said today. The plan would reduce supply by about…
Thai Govt to buy 7% of the annual rubber output in Q1 2012
BANGKOK – In order to raise the rubber price, Thai Government plans to buy nearly 7% of the country’s annual production in first quarter of 2012, but according to analysts, this could end up creating a mess causing huge stocks…
SRIB denies allegation of unfair rubber prices
KOTA KINABALU – The Sabah Rubber Industry Board (SRIB) has refuted allegation by the representative of the rubber smallholders association that rubber prices paid to smallholders in the state were not reasonable. SRIB general manager Datuk Harris Mathews recently said…
High-yield rubber to the fore
LONG PELUAN -High-yield rubber cultivation scheme under Rural Transformation Programme is expected to be the socio-economic transformer for the rural communities in Long Peluan and Long Beruang in Baram. Launched by Deputy Prime Minister Tan Sri Muhyiddin Yassin recently, the…
Vietnam expects record rubber exports
Rising demand on the world market, especially in China and India, contributed to the sharp increase in exports…
Xingda profits down despite higher sales
Sales increased by 2.2% to RMB5,551 million, but gross profit fell to RMB1,298 million from RMB1,636 million in 2010
Apollo Tyres strengthens position
To increase its global footprint, Indian firm Apollo Tyres will build new facilities in Eastern Europe and Brazil…