RHB Research is giving Malaysia’s glove sector an optimistic review, citing that the marker conditions are favourable. The research firm says it was Overweight on the sector, naming Hartalega, Top Glove , Kossan and Supermax as strong performers (in terms…
Category: Pan-Asia
South and East Asia rubber news
Thai farmers junk proposal for rubber export tax cut
TO BUFFER declining rubber prices, Thailand will temporarily scrap rid tax on rubber exports. The move is also meant to dissipate the tension amongst protesting farmers who are demanding a price subsidy for rubber. An estimated 20,000 protesters recently assembled…
Thai public health ministry to push for rubber gloves
PUBLIC Health Minister of Thailand, Pradit Sintawanarong says that medical gloves and other devices can also boost demand in the local rubber sector. Research and development of the various applications on local rubber can be conducted, he says, adding that…
Thailand to use surplus rubber for roads
THAILAND’s Transport Minister Chadchart SittipuntMORE said that excess rubber in the country can be used in road construction, following a directive from Prime Minister Yingluck Shinawatra’s policy to tackle the excess supply of rubber. Recently, Chadchart ordered the Highways Department…
Thai rubber planters protest versus falling prices
RUBBER planters in Thailand have voiced out their resistance against the continued falling prices of rubber, and urge the Government to start buying up rubber at 28% above current market prices. The planters are seeking Government intervention in the market…
Kerala rubber farmers lose out 30,000 tonnes latex to rain
RUBBER farmers in Kerala have lost at least 30,000 tonnes of latex, as rains pummel incessantly in June, July and early August. Reportedly, losses amounted to more than Rs. 550 crore at the current price. Tapping has been stopped for…
High-yielding rubber planting in Sarawak starts
MALAYSIA’s Modernisation of Agriculture Minister Datuk Patinggi Tan Sri Dr Alfred Jabu announced that Penan and Kelabit communities in the remote area of Baram, Sarawak have already started with the planting of high-yielding rubber. Introduced early last year and launched…
Rubber shortage, price hike in India due to rains
RUBBER production in India has been affected by heavy rain. For the previous two months, affected areas are mostly in Kerala, and in the high ranges of the State. Local prices for rubber have shot up, irrespective of the world…
Indian firm grows rubber in Saudi
INDIA-based firm, Cheerakuzhy Rubber Nursery, is setting up a 100-acre rubber plantation at Al Gahma in the Red Sea coast of Saudi Arabia, which has moderate climate and farms. Yasser Ghazi Maleh Al Shammari, a Saudi farmer, attempts at growing…
Malaysia to implement clustered rubber plantation in Penang
THE MALAYSIAN Government, through its Rural Transformation Programme, will implement a clustered rubber plantation project to help uplift the living standards of the Penan community at Long Beruang. In a statement, Deputy Chief Minister Datuk Patinggi Tan Sri Dr Alfred…