The road safety department (JKJR) has urged the Terengganu Road Transport Department to act more assertively in discouraging motorists from opting to buy used tyres for their vehicles. JKJR officer Ramli Jusoh said his department did not have any enforcement…
Category: Pan-Asia
South and East Asia rubber news
Falling rubber prices affects Sri Lankan tappers
Sri Lanka’s rubber growers are being hit by falling world prices with production volumes also dropping due to a drought within the country, an industry association said. Deputy Chairman Planters’ Association of Ceylon (PA) and CRTA Vice Chairman S. S.…
Indian rubber market stays neutral
Spot rubber finished unchanged on Saturday. The week-end session was almost inactive and the market remained neutral amidst scattered transactions. Sheet rubber was quoted steady at Rs.145.00 a kg by traders and the Rubber Board. The grade finished flat at…
India to implement national policy on rubber
The government of India has agreed to help implement an ambitious National Policy on Rubber (NPoR) developed by the All India Rubber Industries Association (AIRIA). Announced April 1, the policy designates the Indian rubber industry as a “Sunrise Sector” bringing…
NMCE gets approval to launch rubber mini contracts
Forward Markets Commission has permitted national commodity bourse NMCE to launch rubber mini contracts for up to 5 tonnes from next month to increase the participation of small traders. Currently, the National Multi Commodity Exchange (NMCE) offers futures trading in…
Dimapur conducted training cum demonstration on rubber plantation
Rubber plantation has becoming popular among the farmers, which has a high growth potentiality in Dimapur district. Keeping in mind the need for updating the basic practices of rubber cultivation, department of land resources, Dimapur conducted one day training cum…
Rubber prices drop in Cambodia intensifies worry
The government and industry insiders are worried about the steady decline of rubber prices over the last three years, during which the area it is cultivated in has grown. “Farmers and investors raised concern .?.?. over the trend of the…
MRF eyes procurement, may set up factory outside India
India’s second-largest tyre maker by revenues MRF Ltd is eyeing several acquisitions opportunities but remains cautious over committing itself to inorganic expansion, chairman and managing director KM Mammen told The Times of India. Taking a dig at the aborted deal…
Iranian company claims Nairit Rubber owes $27,000 plus interest
Today, the trial in which the Iranian company SandbadTir INTL Transport Co. Ltd. is demanding that Nairit Plant CJSC be declared bankrupt continued in Yerevan’s Shengavit Court of First Instance. Vrezh Khachikyan, who represents the Iranian company, told this reporter…
Govt told to lobby US on tyre tariff reduction
Indonesian tyre producers have demanded the government continue lobbying the US administration for an extension of the tariff reduction on tyre exports. Chairman of the Indonesian Tire Producers Association (APBI), Azis Pane, said Thursday that domestic tyre producers still needed…