Myanmar exported more than 30,000 tonnes of rubber in the first seven months (April-October) of the present fiscal year 2014-15, down 238 tonnes from 30,238 tonnes a year earlier, according to the country’s Ministry of Commerce. The average price of…
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Indonesian gov’t decided to augment rubber price
The price of natural rubber, which is one of the countrys major export earners, has been on the decline in the past three years. After peaking at US$4 per kilogram in 2011, the price of natural rubber shrank to as…
Indian rubber prices may not rise in short term
Rubber prices have softened despite the decision of top producers Thailand, Indonesia and Malaysia to cut exports from next year, leading to expectations that the prices may not rise in the short term as the coming New Year holidays may…
Thai rubber farmers to denounce draft law
About 50 angry rubber farmers risked violating martial law Tuesday to decry draft legislation aimed at reversing plummeting market prices while also demanding new subsides. Rubber prices hit a seven-week low last week after Thailand, Indonesia and Malaysia, which produce…
BKT inaugurates American OTR tyre headquarters
BKT Tires Inc., a subsidiary of Balkrishna Industries Limited (BKT) is opening a new Americas headquarters for its American OTR tyre sales and services in Brentwood, Tenn. The offices are located at 12 Cadillac Dr., Suite 240. “The new offices…
Michelin Premier A/S tyre gains best innovator award
The editors of Popular Science have selected the Michelin Premier A/S tyre as one of the Top 100 innovations of 2014. Named to the magazine’s annual Best of What’s New list in the Automotive category, the revolutionary Michelin Premier A/S…
Conti reveals new range of premium passenger car tyres
The international tyre manufacturer and automotive supplier, Continental, has officially launched the newly developed Conti Max Contact MC5 and Conti Comfort Contact CC5 premium passenger car tyre lines in the Indian market. These tyre lines are designed using German engineering…
Kerala govt’s procurement operation unable to surge NR price
Natural rubber in the local market on Friday nosedived to Rs 117 a kg despite Kerala government’s market intervention operations. The state government had announced rubber procurement in March when the price dropped to Rs 150 for a kg. It…
Applied Silicone Corporation introduces new implant grade HCRA
Applied Silicone Corporation, a global supplier of long term implantable silicones for the medical device and critical healthcare market, introduces an implant grade, high consistency addition-cure silicone rubber (HCRA) optimized for improved productivity, better dimensional control, and reduced scrap in…
TechSci Research reports UK tyre market to boost
According to recently released TechSci Research report, “United Kingdom Tyre Market Forecast & Opportunities, 2019”, tyre market in the United Kingdom is estimated at around US$ 5 billion (GBP 3.1 bn) in 2014. Key factors driving the market include growing…