THE CALL to revive the rubber and sugarcane sectors with fresh initiatives was quashed by Brunei’s Ministry of Industry and Primary Resources. Minister YB Pehin Orang Kaya Seri Utama Dato Seri Setia Awang Haji Yahya bin Begawan Mudim Dato Paduka…
Category: Pan-Asia
South and East Asia rubber news
New strategies set to push Malaysian rubber industry
THE Malaysian Rubber Board (MRB) is laying down new strategies for the local rubber industry, according to Director-General Datuk Dr Salmiah Ahmad. The strategies will sustain the current developments in the local rubber industry, which has shown tremendous growth, encompassing…
ATMA seeks resolve to rubber supply pinch
NEW DELHI-headquartered Automotive Tyre Manufacturers’ Association (ATMA) urged the Rubber Board to help resolve scarcity of natural rubber supply in the domestic market. Supply of NR , especially the SNR (Indian Standard Natural Rubber) grade, tightens as the lean season…
Thailand to bid for extension on rubber export cut
THAILAND is set to propose another year extension on reduction in shipments from top suppliers to prevent price shortfalls. Thailand, along with Indonesia and Malaysia , represent about 70% of global output. According to Thailand’s Deputy Farm Minister Yuttapong Charasathien,…
Qingdao warehouses ordered to clear rubber stocks
NATURAL rubber prices in Asia has dropped to the lowest levels in four to six months, after Chinese authorities ordered local warehouses in Qingdao, Shandong province, to clear some of their rubber stocks within 10 days for safety reasons, according…
India: an emerging automotive hub and a growth centre for rubber
WITH a CAGR of over 15% during the last five to seven years, the automotive sector is aptly described as the next sunrise sector of the Indian economy. Thus, the country’s growing rubber industry and its contribution to the transportation…
Thailand is not renewing rubber-buying scheme
The Deputy Agriculture Minister, Yuthapong Charassathien stated that the scheme is no longer necessary since prices have reached the levels that are satisfactory for the farmers.
JK Tyre to expand domestic tyre capacity
An investment proposal of Rs.160 crore for the expansion is given a green light from the company’s board.
India tops in rubber delivery in January
AN estimated 1,606 metric tonnes of rubber delivery was accounted in January, an 80.45% increase from the previous year’s 890 metric tonnes.
Philippine investments board sets new roadmap for auto industry
The new road map aims to develop local manufacturing as well as make locally produced cars more affordable without reducing the excise taxes imposed on these vehicles.