Category: Briefs

news briefs from PRA

Rubber climbs to seven-month high on weak yen

Rubber prices have soared to the highest level since May as a weak Japanese currency boosted the appeal of yen-based contracts. Rubber for delivery in June, the most-active by volume, gained 1.6% to settle at 292.1 yen/kg (US$3,445 a tonne)…

Nokian to lay off workers in Finland

THE statutory negotiations at Nokian Tyres Finnish factory ended on 17 December 2012. Improving productivity and adjusting production will be executed mainly with temporary lay-offs; in addition 28 production workers and officials will be laid off permanently. The car tyre…