Due to fall in production and rise in consumption, natural rubber (NR) imports to India increase by 35%. For nine months, imports rise at 4,490,088 tonne from a year ago according to Rubber Board data. Rubber import stood at 4,790,670…
Category: Pan-Asia
South and East Asia rubber news
Cambodia faces revenue losses even with higher rubber exports
Cambodia lost 4% year-on-year from dry rubber exports despite an increase in shipments. The Khmer nation reportedly increased 15% of exportation of dry rubber amounting to 217,500 tonnes, However, because the price of the commodity fell to US$1,319 per tonne…
China synthetic rubber leaps in bounds in 2023 – report
China’s synthetic rubber sees growth in 2023, according to an industry report. The Global and China Synthetic Rubber (BR, SBR, EPR, IIR, NBR, Butadiene, Styrene, Rubber Additive) Industry Report, 2018-2023 said that a growth rate of around 6% for synthetic…
Vietnam inaugurates new rubber processing plant in Son La
The Viet Nam Rubber Group opened its new US$4.8 million-rubber latex processing plant, in the northern province of Son La. The plant, which started construction in early 2018, and spanning 16 hectares in Thuan Chau’s Tong Lenh commune, has two…
China, Sri Lanka in talks for rubber based FTZ
The Vice Governor of China’s Hainan province, Shen Danyang and Minister of Plantation Industries Navin Dissanayake in Colombo have recently discussed China’s plans to establish a rubber based Free Trade Zone (FTZ) in Sri Lanka. Likewise present were officials of the Chinese…
Vietnam rubber export’s wins and losses in 2018
According to reports, quoting the Vietnam Rubber Association, Vietnam has shipped an estimated 1.6 million tonnes of rubber or over US$2 billion in 2018, up 14.5% in volume but down 6.1% year-on-year in value. In December, the country exported 190,000…
New tyre plant to rise in Thailand for Prinx Chengshan
Chinese tyre maker Prinx Chengshan is acquiring land plots in Thailand worth an estimated US$25 million for its new plant. The transaction involves purchase of 2,250 acres of land in Tambon Nong Suea Chang, Amphur Nong Yai and Tambon Klong-Kew,…
Hainan Rubber Group ventures into graphene-rubber exploration
Hainan Rubber Group has set up a new research facility, which will start developing graphene and natural rubber composites. The company’s partnered with Aero Engine Corp. of the Beijing Institute of Aeronautical Materials, China’s largest aerospace materials engineering institute, to…
Alibaba to set up e-commerce site for Thai rubber
Alibaba is working with the Rubber Authority of Thailand (RAT) to provide an auction system for Chinese buyers of Thai rubber in China. They anticipate annual sales of at least 200,000 tonnes. Nakorn Tangavirapat, deputy governor of the RAT, said…
Sheet rubber prices drop in India while production rises
Sheet rubber prices have fallen 5% in November so far following an increase in production amid slowing demand. On Wednesday, the RSS-4 variety, used in tyre manufacturing, was priced at Rs119 per kg. “In October, our production should be close…