The Kerala government today approved a formula to help rubber farmers after holding discussions with 12 tyre manufacturing companies in the country. Talking to reporters after cabinet meeting, Chief Minister Oommen Chandy said as per the formula, companies would purchase…
Category: Pan-Asia
South and East Asia rubber news
Asia SBR prices expected to decline next month
Asia styrene butadiene rubber (SBR) prices are likely to weaken further in January 2015 because of ample supply, waning demand and plunging crude and feedstock costs, market sources said on Wednesday. A slowing Chinese economy, abundant supply and waning demand…
Indian NR imports increased in November
India’s natural rubber imports in November jumped 19 per cent to 33,156 tonnes from a year earlier, the state-run Rubber Board said, as a drop in local output and lower prices in the world market prompted tyre makers to increase…
Myanmar rubber producers expects strong future, undeterred by price slump
Rubber exports are on pace to double by 2016 even as plunging prices hit the international market, according to experts. Prices for sheet rubber fetched 120 baht (US$3.66) a kilogram in Thailand in 2011, but by last week had dropped…
Malaysia, Indonesia and Thailand heightens efforts to end rubber price fall
Malaysia, Indonesia and Thailand are intensifying their efforts to help stop the decline in world rubber prices which is affecting their economies and planters. Plantation Industries and Commodities Minister, Amar Douglas Uggah Embas, said one of the measures suggested was…
Thai legislative assembly passes first reading of rubber bill
The National Legislative Assembly (NLA) has passed the first reading of the Thai rubber bill by 173 votes to 1 while making note of the issue of zoning for Para rubber cultivation. The rubber bill seeks to establish a legal…
Surat Thani rubber farmers plans potest to urge gov’t to hike rubber prices
Rubber planters from four districts of Surat Thani province plan a major rally in front of the city hall on Tuesday to press the government to raise rubber prices to at least 80 baht per kilogramme for rubber sheet. The…
Thai govt’s pursuit to boost rubber prices hindered by red tape
Deputy Prime Minister Pridiyathorn Devakula admitted yesterday the government’s attempts to tackle falling rubber prices have been slowed by bureaucratic red tape. However, he said he was sure local rubber prices would soon pick up after a cabinet meeting today…
Malaysian ministry to outline ways on how to help rubber smallholders
The Rural and Regional Development Ministry is looking for the best approach to help rubber smallholders, of about 400,000 people in the country, whose income has been affected due to the drop in the price of rubber. Its minister, Datuk…
Chinese group nixes new standard for rubber compound import
The China Rubber Industry Association (CRIA) balks at the new standards set by the Chinese government for the import of rubber compound compositions. The new standard redefines compounded rubber with a maximum of 88% crude rubber in its composition as…