The Malaysia State Government has approved a budget of RM30 mil to be used as incentives to rubber producers in Sabah with the aim of standardising the prices of rubber and motivating rubber farmers to increase production.
Category: Pan-Asia
South and East Asia rubber news
Reifen to open in Shanghai
China United Rubber Corp. and Messe Essen worked together to organize an exhibit in China that will be opened and sponsored by Reifen China.
HLIB places hold on Kossan Rubber
The Hong Leong Investment Bank (HLIB) Research places an on hold call with the Kossan Rubber Industries as the research firm thinks that the company lacks with specilisation.
Tyre makers favour rubber imports amidst price slip
Tyre makers continue to import rubber as the prices for rubber in the local market soars high.
Tyre makers buy as prices drop
China, India and other exporters of rubber and tyre makers continue to buy rubber despite of the prices going down.
Latex prices to remain at RM 6-7 per kg accdg to Top Glove
The world’s largest rubber gloves manufacturer Top Glove said that the rubber gloves will likely steady its price ranging from RM 6-7 per kg.
Thai govt rubber stocks grown to 200,000 tonnes
Thai government rubber stocks have doubled to 200,000 tonnes according to the deputy agriculture minister. The rubber stocks have increased after the government has approved to buy 30 billion baht worth of rubber to help the local…
Rubber farmers to receive cash incentives
Malaysian rubber farmers has been assured by the Minister of the Deputy Agriculture and Cooperatives to receive cash incentives from the government on October 19.
Malaysian govt to shoulder holding cost for rubber industry
The Malaysian government will be carrying the holding cost for the rubber industry if the rubber exporters will stop selling the raw materials.
Sri Lanka aiming to get 2% of the global rubber market
Sri Lanka is expanding its rubber plantations and encouraging rubber farmers to more rubber trees in the right way to achieve the country’s aim of getting 2% of the global rubber market share.