One of the backbones of the trade economy, global natural rubber (NR) production fell in Q12019 (January-March) according to the Association of Natural Rubber Producing Countries (ANRPC). ANRPC Secretary General Nguyen Ngoc Bich said the drop from 3.15 million to…
Category: Industry News
Sumitomo to further optimise autonomous drive
Japan’s Sumitomo Rubber Industries (SRI) has forged a collaborative agreement with research company Tripod Works and computer equipment manufacturers Sysgration for their developing Direct TPMS (Tyre Pressure Monitoring System) solutions. SRI plans to introduce its tyre pressure control solutions via…
Thailand to cut rubber exports this week
Thailand has agreed for export cutbacks of about 240k-tonnes of rubber, together with regional producers Indonesia and Malaysia, to support declining rubber prices. However, the global rubber exporter delayed the measure because of its general election in March, and will…
US-China trade war could help Malaysian rubber industry
The recent US-China tariff debate had led CIMB Equities Research experts to believe the US glove demand will shift from China to Malaysia. The US government has recently hiked the tariff rate to 25% on US$200 billion worth of annual…
Resilient NR industry fights ruin
Despite numerous hits that downplayed the natural rubber (NR) market over 2018/2019, its total downfall was prevented and ING Research analysis highlights rallying causes that supported the market. An early wintering season in Southeast Asia and strategic seasonal storms has…
Global auto tyre inflation systems market to grow by 5.6%
The global automatic tyre inflation system market is expected to change by specific drivers and restraints from 2017 through 2027 – the market will reportedly register a CAGR of 5.6% during this forecast period, with an overall positive outlook for…
Gloves Industry: Malaysia, hand-in-glove with the rubber glove market
Though competition is tight in the gloves industry, according to Malaysia’s industry players, nobody is backing down from meeting the rising global demand for gloves…
Global demand for badminton shoes to exceed US$2 bn in 2019
Global sales of badminton shoes are expected to cap over 53,400 units in 2019, with global demand surpassing US$2 billion, according to Fact. MR’s Badminton Shoes Market research for the period of 2018-2028.The badminton shoes market is estimated to grow…
Malaysia’s Rubber Board faces moratorium on property development
The Malaysian government has imposed a moratorium on the Malaysian Rubber Board (MRB) in regards to its property and real estate development activities. Primary Industries Minister Teresa Kok announced the news in an interview session in Putrajaya recently. In the…
Malaysian government to allocate RM42 mn for rubber smallholders
The Malaysian Finance Ministry, after being alerted by the Sabah Government and the Sabah Rubber Industry Board (LIGS), has announced a welfare aid totaling RM42 million for rubber smallholders in Sabah following the monsoon season. The sum will be distributed…