India’s natural rubber (NR) production in 2017-18 is expected to rise 15% to its highest in four years at 750,000 tonnes as rubber farmers take advantage of the current rally in natural rubber prices and go back to tapping trees,…
Tag: natural rubber
Finnish company eyeing Mindanao as site for US$200 mn rubber tyre plant
Finnish tyre manufacturer Black Donuts Engineering Inc. has expressed its interest in constructing a rubber tyre manufacturing plant worth US$200 million (Php9.89 billion) in Mindanao, Philippines, the country’s Department of Agriculture (DA) said. Rodolfo L. Galang, interim executive director of…
IRGA urges import ban on natural rubber, cheap quality tyres
The Indian Rubber Growers Association (IRGA)is seeking a ban on imports of natural rubber for at least six months in the country to help rubber farmers in the country meet production costs. India’s Minister of State for the Ministry of…
ANRPC to look into reasons behind decline in natural rubber crop yield
The Association of Natural Rubber Producing Countries (ANRPC), which represents 11 major rubber producing nations, will conduct a series of studies relating to the issue of declining average yield of rubber and the related problems associated with the sustainability of…
Malaysia’s September 2016 NR production dropped 3.2%
The natural rubber (NR) production of Malaysia, one of the world’s largest producers of natural rubber, fell 3.2% in September 2016 to 57,751 tonnes from 59,673 tonnes in August, according to the country’s Department of Statistics. The NR output dropped…
Industrial NR gloves market set to generate 6.2% growth until 2023 –report
According to a new research report by Global Market Insights, Inc.,a US-based global market research and consulting service provider, Industrial Safety Gloves Market is forecasted to reach US$6.7 billion by 2023, with the natural rubber (NR) gloves market expected to…
Global natural rubber prices hit a six-month high with 27% increase
Global prices for natural rubber (NR) soared to a six-month high, with benchmark futures prices on the Tokyo Commodity Exchange (TOCOM) up 27% from the recent low in late August this year. TOCOM’s RSS3 rubber sheets contract for April 2017…
Consumption for synthetic rubber outpaces natural rubber
THE All India Rubber Industries Association (AIRIA) has noted that synthetic rubber (SR) consumption is reaching a compounded annual growth rate (CAGR) of 15-20%, more than twice as much as the achieved 5-7% consumption growth of natural rubber. Niraj Thakker,…
Thailand to buy natural rubber
Thailand, the world’s top supplier of natural rubber, will buy 250,000 metric tonnes of natural rubber by March to improve the natural rubber market.