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…
Category: Pan-Asia
South and East Asia rubber news
Government plans to put up P100-million rubber institute
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…
Indian branding efforts set to conquer markets
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…
Rubber market may extend gains
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…
Rubber planters carry first protest to Government House
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…
Impact of EU ruling on local rubber
KUALA LUMPUR – Local rubber industry player must take heed and be prepared for the impact of the European Union’s legislation on rubber and rubber products. UK-based Tun Abdul Razak Research Centre research director Dr Stuart Cook said the EU…
Risda ready to develop Sabah’s natural rubber industry
KOTA MARUDU – The Rubber Industry Smallholders Development Authority (Risda) is ready to spearhead Sabah’s natural rubber industry, especially the development of smallholdings. Risda Holding Sdn Bhd Chairman Datuk Abdul Rahim Ismail said a dynamic mechanism was required to bring…
Vietnam confronts rubber dilemma
Vietnam is a big name in the rubber industry. It is the world’s fourth largest exporter despite being a late entrant into the international market. But Vietnamese firms producing tires and needing latex for other production purposes are facing a…
Research to grow rubber in non-traditional areas begun
THE Rubber Research Institute had started research and experiments to see whether it was possible to cultivate rubber in Kilinochchi, Mullaitivu and Vavuniya Districts, Plantation Minister Mahinda Samarasinghe said in Parliament yesterday. Minister Samarasinghe said that there is a growing…
Tokyo futures ease on investor risk aversion
KEY Tokyo rubber futures were mostly lower, as investors remained cautious about taking risks and also before a speech by U.S. Federal Reserve Chairman Ben Bernanke later in the day for clues on the U.S. economy and monetary policy. Fundamentals…