3500 tonnes of locally produced raw rubber worth Tk 630 million has long been lying unsold, officials close to the sector said. Besides, the domestic rubber industry is lately facing a threat due to the rampant import of raw rubber…
Category: Pan-Asia
South and East Asia rubber news
Cambodia has 325,900 hectares of rubber plantations by 2013: report
Cambodia has 325,900 hectares of rubber plantations as of last year, up 16 percent compared with 280,350 hectares in a year earlier, a report of the Ministry of Agriculture showed Monday. Some 78,444 hectares of them are old enough to…
Rubber farmers in southern Thailand at the forefront of anti-government protests
Owners and workers of rubber plantations in southern Thailand are at the forefront of anti-government protests in Bangkok. Many young people from Thailand’s southern province of Nakhon Si Thammarat are in Bangkok taking part in anti-government protests, with some having…
Indonesia rubber price down, calling for export retention
The export price of Indonesias rubber, SIR20, continued to fall to as low as US$1.886 per kilogram at the Singapore Bourse on Jan. 30 for Februarys shipment. Executive secretary of the the North Sumatra branch of the Indonesian Association of…
Thai rubber price drops to lowest since 2009
The price of rubber in Thailand has dropped to the lowest seen since 2009, decreasing 19 per cent month-on-month. According to Mintec, the cost has declined by 64 per cent since its peak in 2011. Thailand is the world’s top…
‘Smart rubber’ to be produced in Kazakhstan
The first recycling plant for used tyres has been opened in Kyzylorda city in southern Kazakhstan on January 27, 2014, Tengrinews reports citing the press-service of the Oblast Akimat (Regional Authorities). Tyres will be recycled into ‘smart rubber’ in the…
Dealers take tyre-makers like MRF, JK and Birla Tyres to CCI over cartelisation
TYRE dealers have dragged MRF, JK and Birla Tyres among other tyre manufacturers to the competition watchdog alleging cartelisation and that pricing of tyres was “disproportionate and arbitrarily”. The federation has charged that despite a sharp drop in rubber prices…
Malaysian NR exports in November scores high
THE STATISTICS Department in Malaysia said that natural rubber (NR) exports in November last year rose 15% to 74,792 tonnes from the same period in 2012. The Standard Malaysian Rubber (SMR) contributed 92.1% of the total exports, with 66.5% of…
India’s industry groups rebuff Rubber Board data on price fall
THE RUBBER Board of India had released a report indicating that the increase in import of natural rubber (NR) pulled down the domestic price of RSS-4 grade, and which was affected by the price crash in the global market. This…
Top Glove jacks up price amidst rising power costs
IN THE RECENT week, Malaysia’s Top Glove Corp Bhd raised its glove prices to offset the effect of electricity tariff hike on its production costs and profits. At the onset of 2014, manufacturers wrestle against the 16% to 38.53 sen/kWh…