Rising temperature and high cost of production are likely to take the sheen away from the Kerala rubber industries, known as the haven for rubber production in the country. Interestingly, the gainers will be the North East region lead by…
Category: Pan-Asia
South and East Asia rubber news
AFET pushes for central rubber markets in Thai provinces
The Agricultural Futures Exchange of Thailand (AFET) seeks to set up central markets for rubber in each province, while farmers belonging to these markets will be encouraged to produce premium-grade rubber so they can avoid being pressured by middlemen or…
Kerala state to undertake rubber farmers crisis with PM Modi
The Kerala government today said it would take up with Prime Minister Narendra Modi, the financial crisis faced by rubber farmers in the state following sharp fall in its price. Replying to a calling attention motion to the need to…
Phil reports tyre market to grow double digits
According to the recently released TechSci Research report, “Philippines Tyre Market Forecast & Opportunities, 2019”, tyre market in the Philippines is forecast to grow at a CAGR of about 13.85% during 2014-19. On account of growing automobile fleet size, infrastructure…
Malaysia and Thailand confers to stabilise NR prices
Prime Minister Datuk Seri Najib Tun Razak said Malaysia and Thailand will discuss further cooperation to stabilise natural rubber prices. He said it was important for Malaysia, Thailand and Indonesia to continue working together to support the work of the…
AFET reports rubber price should rebound in 2015
The Agricultural Futures Exchange of Thailand (AFET) predicts rubber price should rebound to at least 60 baht per kilogram next year due to both internal and external supporting factors. AFET president Wiwat Teerawanichpong said the rubber price this year remains…
Unsteady Asian rubber prices obstructs sales
Asian rubber producers were reluctant to sell this week because of depressed prices and interest centred on the sale of rubber stockpiles by top producer and exporter Thailand. The stockpiles have been hanging over the market at a time when…
Thai gov’t suspends draft rubber law debate
Thailand’s government postponed debate on a draft rubber law on Thursday after coming under pressure from rubber farmers’ groups to scrap the law, the deputy agriculture minister said. The draft aims to set up a Rubber Authority of Thailand that…
Sri Lanka to implement guaranteed price for rubber
The Rubber Development Department says that the guaranteed price for rubber proposed through the recent budget, will be implemented with effect from the 15th of this month. Director General of the Department of Rubber Development R.B. Premadasa says that around…
Thai rubber farmers to denounce draft law
About 50 angry rubber farmers risked violating martial law Tuesday to decry draft legislation aimed at reversing plummeting market prices while also demanding new subsides. Rubber prices hit a seven-week low last week after Thailand, Indonesia and Malaysia, which produce…