It’s ‘About Time’ For More Collusion On Rubber Production

It’s ‘About Time’ For More Collusion On Rubber Production � IRCo   25 March 2015, 09:55 SEAST   Tocom RSS3 rubber futures are lower in slow trade although the spot March contract is higher on tight supply amid the ongoing low-production season.   With market sentiment weak, it’s “about time” for rubber producing countries to work […]

Asian Rubber Settles Mixed; Vietnam Pledges Support

Asian Rubber Settles Mixed; Vietnam Pledges Support   16 March 2015, 18:36 SEAST   Asian rubber settled mixed Monday on slow demand from China, offsetting tightness in the spot market due to seasonal factors.   Benchmark August natural rubber futures on the Tokyo Commodity Exchange settled 1.5% lower at Y210.2 a kilogram.   The front months Tocom rubber contracts […]

Asian Rubber Settles Flat

Asian Rubber Settles Flat   11 March 2015, 17:53 SEAST   Asian rubber settled flat Wednesday on weak trading sentiment, as demand concerns weighed.   Benchmark August natural rubber on the Tokyo Commodity Exchange settled Y0.2 lower at Y208.5 a kilogram, even though it is the low-production season.   International Rubber Consortium chief executive Yium Tavarolit […]

Tocom Rubber Lower; Vietnam Pledges Support

Tocom Rubber Lower; Vietnam Pledges Support   16 March 2015, 09:02 SEAST   Tocom RSS3 rubber futures are lower on losses in crude-oil futures and a stronger Japanese yen. Tocom front-month contracts however are supported by tight seasonal supply, as major producing countries enter the wintering season.   The International Rubber Consortium says on its website Monday that Vietnam has […]

Thailand, Indonesia, Malaysia To Keep Limiting Rubber Shipments

Thailand, Indonesia, Malaysia To Keep Limiting Rubber Shipments   2 March 2015, 11:45 SEAST By Eko Listiyorini   Thailand, Indonesia and Malaysia continue to limit exports in line with demand, helping stabilize prices, says Yium Tavarolit, CEO of the International Rubber Consortium.   Prices to improve through end of wintering season because of low latex supply and demand will grow steadily, Yium […]

China’s Automobile Sales Increased 7.6% In January 2015

China’s Automobile Sales Increased 7.6% In January 2015 � IRCo   16 February 2015, 10:30 SEAST   China’s automobile sales rose by 7.6%, y-o-y, from 2.156 million units in January 2014 to 2.32 million units in January 2015 as reported by the China Association of Automobile Manufacturers (CAAM).   The increase in China’s automobile sales in […]

Visit And Discussion With Myanmar Officials

Visit And Discussion With Myanmar Officials   3 February 2015, 14.00 SEAST   Mr. Yium Tavarolit, the CEO of IRCo paid a courtesy call to Mr. U Kyaw Shwe, the Director General (DG) of Department of Industrial Crops Development, Ministry of Agriculture and Irrigation of Myanmar on Tuesday, 3 February 2015 in Nay Pyi Taw, Myanmar. Subsequently, he had […]

Visit And Discussion With Vietnam Officials

Visit And Discussion With Vietnam Officials    5 February 2015, 15.00 SEAST   On 4 February 2015, the CEO of IRCo flew to Hanoi, Vietnam and meet officials from the International Cooperation Department, Ministry of Agriculture and Rural Development of Vietnam.   Apart from presenting the background, functions and mechanisms of ITRC and IRCo, the CEO discussed matters […]