With surpluses reaching 179,000 metric tonnes this year and curving down to 153,000 metric tonnes by next year, based on an earlier forecast by a rubber group, Commerzbank said that shortage is unlikely..
Category: Top News
Expert talks about the domination of the Asia Pacific region and innovations of the rubber industry
In an exclusive interview, Rapra asked one of the conference presenters , David Hill of UK-based David Hill & Associates, International Latex Consultancy, to share his insights on the industry.
Tyre industry offsets low rubber supply with heavy importation
ATMA proposes for an intensified natural rubber (NR) importation to offset its limited supply, which is already affecting production schedules and prices in the domestic market.
Affin highlights healthy profit margin for Kossan rubber
This outlook has placed Kossan in a good standing amidst a potential pricing competition in the gloves industry resulting in lower average selling prices.
Styrenics growth to come from Asia Pacific with SBR in tyre market
Polystyrene (PS) is the major polymer which is largely consumed, followed by Acrylonitrile Butadiene Styrene (ABS) and Expanded Polystyrene (EPS).
EU truck tyre market shows slow recovery in 2013 H1
The markets with weaker economies in Southern Europe are performing better than DACH or Scandinavia, says ETRMA
Myanmar rubber still short of EU quality standard
The Myanmar Rubber Planters and Producers Association said that the country’s rubber suffers from quality that is too low to profit from the EU markets.
Tyrexpo India 2013: Asian firms clinching success in the Indian market
Tyrexpo India has showcased the lucrative Indian market, which is a base for 39 tyre manufacturers and 60 individual production plants.
Declining auto demand in China dents rubber
China’s slow demand for cars and vehicles, in the light of a cash crunch and limited access to financing, has caused a stir amongst auto dealers, according to a local automobile association.
RP tyre market could be worth US$2.8 billion by 2018 – report
Car ownership in the country is expected to increase in the near future given that the Philippine government is taking several initiatives such as easy availability of loans and promoting growth of rubber production that could also encourage the growth of the tyre market.