THE DEPARTMENT of Agriculture (DA) and Department of Trade and Industry (DTI) are forming regional and provincial rubber industry cluster teams in MIMAROPA region (which includes the provinces of Mindoro, Marinduque, Romblon and Palawan), Philippines. The move is part of…
Category: Pan-Asia
South and East Asia rubber news
China hikes anti-dumping duty on SR import from Japan
ACCORDING to China’s Ministry of Commerce, it is increasing the current anti-dumping levy of 9.9% on imported chloroprene rubber, a type of synthetic rubber, supplied by Japanese firm Denki Kagaku Kogyo Kabushiki Kaisha, after complaints from local rubber makers start…
Rubber training for RP’s t’boli tribe folks
SOME Thirty farmers, mostly members of the T’boli tribe living in Lake Sebu, South Cotabato, Philippines have been taking a two-week training course for rubber tapping that will end on August 2. The trainees are members of the South Cotabato…
Philippine rubber price cartel in view?
A GROUP of rubber farmers in North Cotabato, Mindanao, Philippines are protesting against low prices of rubber cup lump in the province. The leader of the Free Tappers Association (FTA) in North Cotabato alleged that a cartel is “controlling” the…
Thai Minister urges lower production cost to push rubber price
THAILAND’s Deputy Prime Minister/Agriculture Minister Yukol Lim-laemthong encourages reduced production cost amidst declining rubber price. Yukol confirmed that last year’s export value of Thailand’s rubber fell, despite increasing the export quantity of the commodity to 3.2 million tonnes. The stagnant…
Rubber could boost rural economy in Indian state, says board commissioner
RECENTLY, Rubber Board of India (RBI) joint commissioner (rubber production), Sunny Varghes addressed farmers at the Maj Rubber Nursery and Plantation (MRNP) in Tarajulisaid, saying that rubber could boost the rural economy of Arunachal Pradesh. Rubber is a cash crop…
India extends validity of anti-dumping tax on rubber chemicals
INDIA’s Finance Ministry has extended for another year the enforced anti-dumping duty on certain rubber chemicals, used in treating natural rubber and synthetic rubber-based compounds, from China and South Korea. Anti-dumping duties for rubber chemicals MBT, CBS, TDQ, PVI, and…
Quingdao rubber inventory down by 3%
RUBBER inventories in China’s bonded warehouses dropped close to 3% in the past weeks as commercial banks refuse lending money to tyre makers forcing the latter to cut down imports and buy domestic stocks instead. Rubber at Qingdao has also…
Sumitomo Rubber posts drop in Q1 sales, earnings
SUMITOMO Rubber Industries Ltd. has reported sales and earnings slipped for the first quarter ended March 31. Operating income fell 6.5% to US$162.3 million in the first quarter. Sales also hit low at 1.8% to US$1.78 billion. Net income dropped…
Malaysian agricultural firm to develop rubber plantations in Cambodia
MALAYSIAN-based global agricultural and agri-commodities company, Felda Global Ventures Holdings Bhd (FGVH) will be developing rubber plantations in Cambodia as well as market its products including palm-oil based products in the country. These products will be marketed in Cambodia following…