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 […]
IRCo Congratulates Sri Trang Ago-Industry For Winning The Stock Exchange Of Thailand’S Sustainability Awards 2015
IRCo CONGRATULATES SRI TRANG ARO-INDUSTRY FOR WINNING THE STOCK EXCHANGE OF THAILAND�S SUSTAINABILITY AWARDS 2015 Source: Bangkok Post, 26 October 2015
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
Super El Nino And Climate Change Cause Crop Failures Putting Millions At Risk Of Hunger
Super El Nino And Climate Change Cause Crop Failures Putting Millions At Risk Of Hunger 6 October 2015, 10:30 SEAST Source: The Pacific Islands News Association At least four million people in the Pacific face hunger, water shortages and risk of disease this year and next due to droughts and erratic rains, influenced […]
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, […]
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 […]