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Continental has at least EUR3 billion for acquisitions: CFO

Continental has at least EUR3 billion for acquisitions: CFO

Germany’s Continental has at least EUR3 billion (US$3.53 billion) ready for acquisitions to expand into growing automotive markets led by Asia...

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Malaysian glove companies to increase prices, expect record revenue of RM16.2 billion

Malaysian glove companies to increase prices, expect record revenue of RM16.2 billion

MargmaMalaysian glove manufacturers will raise the prices follow a hike in energy costs and raw materials while it also sees a record revenue of RM16.2bil for 2017 on strong demand...

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Smart tyres come of age

Smart tyres come of age

Smart tyre developments are driving forward the future of the mobility ecosystem. Connected cars are nothing without smart tyres. Dramatically having evolved from the 19th century...

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Latex Industry: Asia cultivates an efficient rubber production

Latex Industry: Asia cultivates an efficient rubber production

The region’s rubber sector has a blueprint of strategies to hedge it against falling prices and struggling output. Prices under the weather. World demand for rubber has...

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Malaysia’s glove sector: in a quiet revolution with automation/Industry 4.0

Malaysia’s glove sector: in a quiet revolution with automation/Industry 4.0

The world’s largest producer of rubber gloves is getting a hold of competition, wage hikes and volatile currency, with capacity expansions through automation...

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Green Rubber: New biorubber tyres with a greener footprint

Green Rubber: New biorubber tyres with a greener footprint

R&D efforts and partnerships are keeping pace with the clamour for renewable-sourced rubber for tyres, says Angelica Buan in this report. From guayule to soy beans...

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Grim outlook for tyre makers in China

April 27, 2012

IN China, rubber prices went unstable down from US$4,125 per tonne in mid-February up to US$6,823 per tonne. This has caused net profits to dip by as much as 23.54%, according to the latest release from listed tyre companies including…

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World Rubber Summit to be held in Singapore

April 27, 2012

MICHELIN, Bridgestone, Volkswagen and among others will be the leading figures for this upcoming World Rubber Summit to be held at the Raffles City Convention Centre this May 24, 2012. Invited presenters will be addressing concerns on the outlook and…

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Shandong’s tyre exports jumped 54% in 2011

April 27, 2012

EXPORTS of tyres from the Shandong region increased in value by 54%, to US$7,834 million in 2011, according to a local official. President of the Shandong Provincial Rubber Industry Association, Zhang Hongmin said this trend was much better than the…

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Triangle Group calls for more ‘green’ technologies

April 27, 2012

IN a keynote speech at an auto and tyre industry summit in Beijing, Triangle Group’s president, Ding Yuhua called for more “green” technologies in China, especially in the tire industry. He pledged that the group will follow the trend by…

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Malaysian NR production fell in February

April 27, 2012

FEBRUARY marks the lowest for Malaysia; natural rubber produced was at 88,077 tonnes, a drop of 3,503 tonnes compared with the same month in 2011. The figure was up by 2,918 tonnes on the January figure. Exports reached 64,052 tonnes…

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Evonik builds new Hydrogen Peroxide Plant in Jilin

April 27, 2012

EVONIK Industries has just held the groundbreaking ceremony for its new hydrogen peroxide plant in China. Scheduled to go online at the end of 2013, the plant will have a production capacity of 230,000 metric tonnes per year. This additional…

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Teijin to open R&D centre in China

April 27, 2012

TEIJIN Ltd announced plans for a textile R&D centre in China. The facility will be built on the premises of its factory in Nantong, Jiangsu Province. Construction of the facility will total US$24 billion, with operations expected to start in…

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Pereira to Lead Davis-Standard’s Expansion in Asia

April 27, 2012

DAVIS-STANDARD, LLC has assigned Fred Pereira as President of Asia. The addition of Pereira is an integral part of the company’s plan to increase its presence in China and throughout the region. Davis-Standard will open a facility in Suzhou, China,…

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Developments reflect gradual shift to synthetics

April 26, 2012
Developments reflect gradual shift to synthetics

NR may lose its winning streak to synthetic rubber (SR), which has cheaper average selling prices.

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Revenue not a top agenda for bio firm

April 26, 2012
Revenue not a top agenda for bio firm

Global Bioenergies, which reported a half-year revenue of EUR100,000, for the year ended December 2011, expressed that revenue was not important at this stage, until it commercialises its products.

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International Rubber Prices
(as of 16, January 2018)

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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