Low Prices Could See Rubber Farmers Move Out Of Production
Low Prices Could See Rubber Farmers Move Out Of Production 24 September 2015, 10:38 SEAST If natural rubber prices remain at currently low levels, rubber farmers “may permanently switch to other economic activities and this would disrupt the supply of raw materials,” says the International Rubber Consortium. It notes that data published by […]
Low Rubber Prices Could Drive Farmers Into Other Activities
Low Rubber Prices Could Drive Farmers Into Other Activities 24 September 2015, 09:40 SEAST Rubber farmers could abandon growing the plant and move into other activities permanently if prices persist at their current low levels, potentially disrupting supply, the International Rubber Consortium in its latest weekly update. “Currently, natural prices are mainly […]
ARBC Expresses Convern Over The Current Protracted Low Rubber Prices
PRESS RELEASE ASEAN RUBBER BUSINESS COUNCIL (ARBC) EXPRESSES CONCERN OVER THE CURRENT PROTRACTED LOW RUBBER PRICES The ASEAN Rubber Business Council (ARBC), which comprises the rubber trade associations of Thailand, Indonesia, Malaysia, Singapore, Vietnam and Cambodia and accounting for around 76.2% of the world’s total natural rubber production, is very concerned over the current […]
IRCo Welcomes Datuk Dr. Salmiah Ahmad As The New CEO Of IRCo
IRCo Welcomes Datuk Dr. Salmiah Ahmad as the New CEO of IRCo The office of IRCo welcomes Datuk Dr. Salmiah Ahmad as the Chief Executive Officer of IRCo, effective 1 September 2015. Datuk Dr. Salmiah who was the Director General of Malaysian Rubber Board has been appointed by IRCo’s Board of Director to […]
The Strongest El Nino In 18 Years Would Further Affect Global NR Production In 2015
The Strongest El Nino In 18 Years Would Further Affect Global NR Production In 2015 18 August 2015 The global NR production is expected to decrease further in 2015 following the prolonged and strong El Nino. As a matter of fact, for the first seven months of 2015, NR production in Association […]
Global Natural Rubber Stock Continued Falling At End July 2015
Global Natural Rubber Stock Continued Falling At End July 2015 11 August 2015, 11:00 SEAST In July 2015, global Natural Rubber (NR) stock continued falling from 2.063 million MT as at end 2014 to 1.845 million MT as at end July 2015, according to the LMC�s Rubber Bulletin in July 2015. This […]
Bilateral Discussion Between Minister of Agriculture And Cooperatives Of Thailand And Minister Of Agriculture And Rural Development Of Vietnam
Bilateral Discussion Between Minister of Agriculture And Cooperatives Of Thailand And Minister Of Agriculture And Rural Development Of Vietnam 27 July 2015, 15:00 SEAST On 23 July 2015, H.E. Cac Duc Phat, Minister of Agriculture and Rural Development, Vietnam paid a courtesy call to H.E. Petipong Pungbun Na Ayudhya, Minister of Agriculture and Cooperatives, Thailand. Both Excellencies had a chance […]
Natural Rubber Production (From 3 ANRPC Member Countries) Fell By 0.7% For The First Half Of 2015
Natural Rubber Production (From 3 ANRPC Member Countries) Fell By 0.7% For The First Half Of 2015 16 July 2015, 17:00 SEAST Natural rubber production as reported in the Natural Rubber Trends and Statistics of the Association of Natural Rubber Producing Countries (ANRPC) (Vol. 7. No. 6/June 2015), fell by 0.7% (-35,000 MT) […]
Vietnam Urged To Join Rubber Consortium
Vietnam Urged To Join Rubber Consortium 21 July 2015, 16:24 SEAST Thailand is set to lobby Vietnam at a meeting in Bangkok next week to join the International Rubber Consortium Ltd (IRCo), a move that would help to stabilise rubber prices. The country is also seeking to expand bilateral trade to US$20 billion over the next five years. […]
Tocom Rubber Higher As Slow Production, Drought Support
Tocom Rubber Higher As Slow Production, Drought Support 21 July 2015, 09:17 SEAST Tocom RSS3 rubber futures are slightly higher in slow trade amid the lack of fresh cues. Although rubber is entering into the peak production season, the International Rubber Consortium says in a market report on its website that global rubber […]