Thailand approves additional budget to buy more rubber from local farmers to aid in boosting the price of natural rubber in the market.
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RISDA received budget of RM398mil
The Rubber Industry Smallholders Development Authority (RISDA) has received RM397 worth of budget to replant rubber trees and boost the country’s production of natural rubber.
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India rubber to extend gains
The India rubber price is expected to extend gains as the price of the rubber jumps by 1 to 2 rupees every day, making the farmers to hope that the prices will boost up to 200 rupees in the coming days.
Sri Lanka to make strides of its rubber infrastructure
Sri Lanka is making strides of its rubber sector to improve its production and export with the primary goal of achieving the target of $4 Bn rubber exports target by 2022.
Philippine rubber industry stakeholders to talk on opportunities and issues
The Philippine Department of Trade and Industry (DTI) is hosting an event and inviting the major stakeholders from the Philippine rubber industry to talk about the investing and marketing opportunities for natural rubber manufacturers as well as the issues surrounding the industry.
Thailand to buy 30b Baht worth of rubber
The government of Thailand is said to buy 3 Billion Baht worth of rubber to local farmers to increase the prices of rubber in the rubber market.
Futures rally due to Fed move
Rubber Futures rally in Asia as the US Federal Reserve announced it news move to boost the job growth rate of in the US and its economy in general.
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