The Department of Commerce of Shandong Province has been offering training programs since August to local tyre companies involved in the US anti-dumping and countervailing probe on Chinese tyres, according to Fang Xiaojie, head of fair trade division of the…
Category: Pan-Asia
South and East Asia rubber news
Malaysian minister predicts global rubber market to boost in 2015
The Plantation Industries and Commodities Ministry expects the global rubber market in 2015 to improve in contrast to this year. Its Minister, Datuk Douglas Uggah Embas, said the global economy was expected to grow at the rate of 3.4% next…
Indian Rubber Policy sub-committee to resolve farmers burden
KOCHI: As rubber prices continue to slide, a sub-committee of the panel to formulate National Rubber Policy is meeting in Kochi next week, which among other things would discuss steps to boost domestic demand for rubber and insulate farmers from…
Malaysian rubber market continues to plunge due to weaker demand
The Malaysian rubber market continued to close lower today on weaker demand in line with declines in the Tokyo Commodity Exchange and the Shanghai Futures Exchange. A dealer said the rubber markets, both local and global, were negatively affected by…
Northeast India possible to have new rubber clones, says RRII
The Rubber Research Institute of India (RRII) is experimenting specialized clones for the northeast. Addressing a golden jubilee celebration of rubber production in Tripura on Thursday, RRII director James Jacob said the new clones for the region and the ones…
MOAC to distribute relief payment to Thai rubber farmers
The Ministry of Agriculture and Cooperatives (MOAC) will begin the distribution of the relief fund payment for rubber farmers on the 15th of November 2014. The MOAC Minister Peetipong Phuengbun na Ayutthaya said that the payment will begin on 15…
Thai rubber farmers expresses frustration on government subsidy
Leaders of rubber farmers in the South have expressed disappointment with the government subsidy of Bt1,000 per rai, limited to a maximum of 15 rai each. Tossapol Kwanrod, chairman of the rubber and palm oil farmers’ network in 16 southern…
Northern Thailand farmers urges state-run organisation to buy rubber
A rubber farmers’ network in Phayao has urged the government to intervene in the market in an attempt to lift the prices of rubber sheets to 60 baht a kilogramme from 47 baht currently. Northern growers want the state-run Rubber…
Indonesia’s KPPU inspects tyre makers allegedly involved in price fixing
Business Competition Supervisory Commission (KPPU) head M.Nawir Messi said the commission was investigating nine car tire manufacturers allegedly involved in cartel practices. “Most of the manufacturers are foreign companies that have factories in Indonesia,” he said on Monday. Messi said…
Surat Thani farmers agrees on price increase deal
Rubber farmers in Surat Thani said yesterday the government’s goal to push for a price of Bt60 per kilogram while also providing farmers Bt1,000 per rai, for up to 15 rai as in a fertiliser subsidy, was acceptable. Surat Thani…