U.S. Auto Industry Heading For Record Sales In 2015

U.S. Auto Industry Heading For Record Sales In 2015   4 November 2015   The U.S. auto industry is on track for a record annual sale as indicated by the continued improvement of its auto sales in October which was far higher than market expectations.   In October 2015, the U.S. automobile sales jumped by 13.6% to 1,455,516 units in […]

The Thai Cabinet Approved Subsidy To Reduce The Burden Of Rubber Smallholders

The Thai Cabinet Approved Subsidy To Reduce The Burden Of Rubber Smallholders   28 October 2015   The Thai cabinet approved a subsidy for NR smallholders with Land Titles. Under this measure, smallholders will get a subsidy of THB1,250 per rai for up to a maximum of 15 rais.   The Prime Minister of Thailand […]

Malaysia To Give Incentives, Subsidies To Rubber Smallholders

Malaysia To Give Incentives, Subsidies To Rubber Smallholders   28 October 2015 By Niluksi Koswanage and Anuradha Raghu   Bloomberg – Government to spend as much as 200 million ringgit on subsidies and incentives from January, Prime Minister Najib Razak says in budget speech in Parliament.   * Government to subsidize farmers if rubber prices fall […]

Thailand To Sign Rubber Supply Deal With China’s Sinochem

Thailand To Sign Rubber Supply Deal With China’s Sinochem   28 October 2015 By Supunnabul Suwannakij   Bloomberg – Thailand plans to sign deal next month with state-owned Sinochem Group to supply 200,000 tonnes for 1 year, Minister of Agriculture and Cooperatives Chatchai Sarikulya says in interview on Wednesday in Bangkok.   * Thailand seeking to reduce rubber surplus through […]

A Huge El Nino Is Spreading All Kinds Of Mayhem Around The World

A Huge El Nino Is Spreading All Kinds of Mayhem Around the World   28 October 2015 By Supunnabul Suwannakij   Bloomberg – It has choked Singapore with smoke, triggered Pacific typhoons and left Vietnamese coffee growers staring nervously at dwindling reservoirs. In Africa, cocoa farmers are blaming it for bad harvests, and in the Americas, it has […]

Somkid Eyes Crop Diversity

Somkid Eyes Crop Diversity   6 October 2015   One of the projects is to downsize rubber plantations by 1 – 2 million rai in five years, encouraging rubber planters to grow another crop such as oil palm, and promoting the use of rubber in road construction   Source: Bangkok Post View original: www.bangkokpost.com/business/news/719312/somkid-eyes-crop-diversity

Excerpts From CEO’s Interview With Wall Street Journal

EXCERPTS FROM CEO’S INTERVIEW WITH THE WALL STREET JOURNAL   Natural Rubber Stocks Are Smaller Than Estimated   30 September 2015   Natural rubber stocks are smaller than estimated and the new chief executive of the International Rubber Consortium warned that with production falling, a shortage could be looming.   “The market’s perception of high-level rubber stock, […]