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…
Category: Pan-Asia
South and East Asia rubber news
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…
Kerala govt’s procurement operation unable to surge NR price
Natural rubber in the local market on Friday nosedived to Rs 117 a kg despite Kerala government’s market intervention operations. The state government had announced rubber procurement in March when the price dropped to Rs 150 for a kg. It…
Malaysian rubber tappers request for aid ignored in Putrajaya
In April, thousands of Malaysians gathered in Kedah to demand Putrajaya’s intervention over declining prices of rubber. But seven months on, the chants of “reformasi” at the Baling 2.0 gathering appear to have made little impression. Despite calling for Putrajaya…
Japan’s SBR production declines 19% in October
Japan’s styrene-butadiene-rubber production in October fell 19% from a month earlier to 32,100 mt, the Japan Petrochemical Industry Association said Thursday, November 20.The October production marked a 25% year-on-year decline. Japan’s butadiene-rubber production also dropped in October, falling 26% from…
Myanmar rubber plantation owners calls for compensation talks with MOGE
Negotiations over compensation for land taken from rubber plantation owners by Myanmar Oil and Gas Enterprises or MOGE for a gas pipeline passing through Wel-Khru Village-Tract and Chan-Ta-Yar Land, Thanbyuzayat Township, Mon State have stalled, reports the Independent Mon News…
Trat Province rubber farmers prepares for gov’t price support
A number of rubber farmers in Trat Province have been lining up to open new accounts at the Bank of Agriculture and Agricultural Cooperatives (BAAC) in anticipation of the government’s price support of 1,000 baht per rai, with a maximum…
Indian tyre dealers urges gov’t to cut back prices
With the fall in raw material prices including rubber, All India Tyre Dealers Federation has asked the Government to take steps to roll back domestic tyre prices and to lift anti-dumping duty on imported cross ply nylon fabric truck tyres.…
Thai gov’t distributes assistance fund for rubber planters
The Government yesterday started handing out the assistance fund for rubber planters who are each entitled to receive 1,000 baht/rai, with no more than 15,000 baht per household. Twenty-five representatives of rubber planters joined in the aid-presenting ceremony in Surat…
Kerala rubber tappers protest NR prices fall
The Kerala Tappers and Workers Centre on Wednesday protested against the fall in prices of natural rubber by pouring latex on the ground at the Marine Drive here. In a press release, the leaders of the union said that the…