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…
Category: Pan-Asia
South and East Asia rubber news
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…
Philippines expands green initiative with rubber, crops plantations
THE PHILIPPINES is set to expand coffee, cacao and rubber plantations in Mindanao,as part of its National Greening Programme (NGP), According to the director of the Forest Management Bureau Department of Environment and Natural Resources (DENR), the Php6.2-billion NGP for…
Fast growing rubber tree variety to be introduced in the Philippines
A NEW variety of rubber tree, one that grows faster than the normal types, will be introduced to local farmers in South Cotabato (Mindanao), Philippines. Alfonso Jack Sandique, owner of the Advance Rubber Technology Farm in Makilala, also in South…
Sarawak farmers received rubber seedlings, fertiliser
SOME 100 farmers in Julau, Sarawak (Malaysia) received 500 rubber seedlings; each also received RM500 worth of fertiliser. 1Malaysia Sarawak Advisory Council (1MSAC) chairman and Julau MP Datuk Joseph Salang handed over the seedlings to the farmers at the Department…
India’s Rubber Research Institute inaugurates solar plants
TWO 50 KW-solar plants, were recently inaugurated at Rubber Board of India’s Rubber Research Institute (RRI). The event was led by Minister for Power and Transport Aryadan Mohammed and Rubber Board Chairperson, Sheela Thomas. the capital investment for the solar…
New HQ underway for MRB
THE MALAYSIAN Rubber Board (MRB) is building a new headquarters and other key facilities at Sungai Buloh by next year and is expected to be completed by 2018. The project, estimated to cost RM1.1 billion, will be carried out by…
India’s Rubber Board calls for rubber import ban
IMPORT of rubber must be banned, according to the the Executive Committee of the Rubber Board. Alternatively, it proposed that duty free imports against advance license must be suspended. Moreover, it proposed that the import duty should be increased by…