Research and Markets said in their report “Iran Tyre Market Forecast and Opportunities, 2020” that easing up on nuclear programs may bring back foreign tyre companies that left the country. The replacement tyre segment accounted for around two-third of the…
Category: Pan-Asia
South and East Asia rubber news
Centre is destroying the Kerala rubber market: Sudheeran
KPCC President V.M. Sudheeran has opined that the Centre is trying to destroy the rubber market in Kerala. He made the comment while inaugurating a meeting of rubber farmers organised by the Karshaka Congress. The Congress party president, who is…
Kerala to rubberise all roads
Kerala has put a proposal to rubberise all roads in the State, in order to curtail the downward spiral in rubber prices and to jolt domestic demand. There are 32,000 kms of road under the control of PWD in the…
Malaysian Rubber market likely to be firmer next week
The Malaysian rubber market is expected to be firmer next week with the removal of various negative market sentiment, a dealer said. “The better-than-expected economic growth for China was expected to support rubber prices coupled with the likelihood of a…
Rubber prices set to gain on procurement by Kerala govt
Rubber prices have recovered slightly over the past one month. The market is expected to gain further strength once the Kerala government starts rubber procurement at the pre-determined price. At the beginning of the year, prices stood at Rs 128…
Kerala not excluded from rubber
The Rubber Board has clarified that Kerala and Kanyakumari district in Tamil Nadu, which are traditional rubber-growing areas in South India, would continue to receive subsidy for planting and replanting. In a press note here on Wednesday, the Rubber Board…
Air India tyre burst at Srinagar airport
A brake malfunction led to an Air India aircraft bursting its tyres while landing in Srinagar on Monday afternoon. The aircraft then got stuck on the runway and the Srinagar airport was closed for flight movement all day long. The…
Vietnam’s rubber exports rise to 330,000 tonnes in first five months
Viet Nam’s natural rubber exports in the first five months of this year reached a volume of 330,000 tonnes worth US$475 million, according to the Ministry of Agriculture and Rural Development. The figure increased 30.1 % in volume and decreased…
India rubber industry bucks import duty hike
India’s import duty on natural rubber increased to 25%, and this has displeased tyre manufacturers and the rubber industry, according to report. The industry contends that the hike counters the government’s vision of Make in India, as the import duty…
Kedah to expand automotive industry
Malaysia’s Kedah government plans to expand the Kulim Hi-Tech Park (KHTP) and Gurun’s automotive industry in Kedah, as both have attracted foreign investors to the state, according to report. Chief minister Datuk Seri Mukhriz Tun Dr Mahathir said efforts will…