Asian Rubber Futures Settle Down; Supply Shortage Looms
Asian Rubber Futures Settle Down; Supply Shortage Looms 8 April 2015, 17:56 SEAST Asian rubber futures settled lower Wednesday as market sentiment remained weak on demand concerns. Benchmark September natural rubber on the Tokyo Commodity Exchange settled Y3.0 lower at Y199.0 a kilogram, falling below the previous Y200/kg psychological support and sparking […]
Natural Rubber Now Aimed For Infrastructure Development Projects
Natural Rubber Now Aimed For Infrastructure Development Projects Jakarta, 9 April 2015 – The Government of Indonesia is pushing domestic demand of Natural Rubber (NR) to flourish downstream industry, with a focus on infrastructure products. This effort is expected to absorb 100 thousand tons of NR annually starting 2015, deriving a minimum of 700 thousand tons […]
Tocom Rubber Ends Lower Ahead Of Meeting
Tocom Rubber Ends Lower Ahead Of Meeting 31 March 2015, 15:19 SEAST Tocom rubber settles lower due to the lack of market confidence even amid the low-production season. International Rubber Consortium chief executive Yium Tavarolit says in a market report that senior rubber officials from the major producing countries of Thailand, Indonesia and Malaysia will […]
Rubber Tree Farmers Heading For Crisis, Warns Consortium Chief
Rubber Tree Farmers Heading For Crisis, Warns Consortium Chief 8 April 2015, 13:47 SEAST Tocom rubber futures settle lower, falling below previous Y200/kg psychological support, sparking concerns of further losses. International Rubber Consortium chief executive Yium Tavarolit says in market report released Wednesday morning that there has been an acceleration of rubber tree replanting […]
Asian Rubber Futures Settle Lower
Asian Rubber Futures Settle Lower 25 March 2015, 18:14 SEAST Asian rubber futures settled lower Wednesday in the low-production season, as a lackluster demand outlook weighed. Benchmark August natural rubber on the Tokyo Commodity Exchange settled 1.4% lower at Y213.8 a kilogram. The International Rubber Study Group’s Secretary General Stephan Evans said […]
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 […]
Optimistic Growth of China’s Automobile Industry Continues To Support Demand For Natural Rubber
Optimistic Growth of China�s Automobile Industry Continues To Support Demand For Natural Rubber 11 March 2015, 10:00 SEAST On Tuesday, 10 March 2015, China Association of Automobile Manufacturers (CAAM) released data showing an 8.7% increase of passenger vehicles in the first two months of 2015 (January � February) vis-a-vis the same period in […]