Tocom Rubber Trades Higher On Rising Oil Prices
Tocom Rubber Trades Higher On Rising Oil Prices 22 January 2015, 09:13 SEAST Tocom RSS3 rubber futures are higher, with prices testing the Y200/kg psychological resistance before falling back. An overnight recovery in crude-oil prices is helping, as are low rubber supplies. International Rubber Consortium chief executive Yium Tavarolit says in a note that […]
Tocom Rubber Down Sharply As Yen Strengthens
Tocom Rubber Down Sharply As Yen Strengthens 14 January 2015, 09:04 SEAST Tocom RSS3 rubber futures are down sharply as the yen strengthens to hit a one-month high against the U.S. dollar. While there is tight raw material supply due to floods in Southeast Asia, this is offset by sluggish demand, say traders. […]
Heavy Flood In Main Rubber Plantation Areas In Southern Thailand And Peninsular Malaysia
Heavy Flood In Main Rubber Plantation Areas In Southern Thailand And Peninsular Malaysia 22 December 2014, 11:00 SEAST Since 17 December 2014, 7 Southern provinces of Thailand have been experiencing severe flooding due to heavy rains. The provinces are Surat Thani, Songkhla, Nakhon Si Thammarat, Phattalung, Narathiwat, Pattani and Yala, covering more than 1.53 million hectares of NR […]
Asian Rubber Ends Mixed; China Inflation Data Support
Asian Rubber Ends Mixed; China Inflation Data Support 10 December 2014, 18:04 SEAST Asian rubber settled mixed Wednesday after data showed China’s inflation rate rose less than forecast, providing policy makers ample room for further stimulus to support growth, a positive for the market. The upside, however, was limited as rubber-market sentiment has been persistently […]
Tocom Rubber On A Slow Train To Nowhere
Tocom Rubber On A Slow Train To Nowhere 10 December 2014, 08:44 SEAST Tocom RSS3 rubber futures are lower as weak crude-oil and Shanghai rubber futures weigh, although the downside is limited to around 190 yen/kg after Tuesday’s slump. International Rubber Consortium chief executive Yium Tavarolit says in a note that trade will likely be slow […]
Heavy Flood In Nakhon Si Thammarat Affected Tapping Activities
Heavy Flood In Nakhon Si Thammarat Affected Tapping Activities 12 November 2014, 10:30 SEAST Heavy flood was reported in Nakhon Si Thammarat province located at Southern Part of Thailand. With around 1.5 million rai (240,000 ha) of natural rubber plantation, the province […]
Tocom Rubber Higher; Heavy Rain In Thailand
Tocom Rubber Higher; Heavy Rain In Thailand 6 November 2014, 08:59 SEAST Tocom RSS3 rubber futures are higher in slow trade after sharp losses earlier this week. The International Rubber Consortium says heavy rain earlier this week in Phuket has caused rubber plantations to flood, which will hit output from the province this month. […]
Asian Rubber Futures End Up; Expected To Rise Into 1Q15
Asian Rubber Futures End Up; Expected To Rise Into 1Q Of 2015 29 October 2014, 18:03 SEAST Asian rubber settled mostly higher Wednesday, boosted by recent price-supportive moves by major producers. Yium Tavarolit, chief executive of the International Rubber Consortium, said rubber prices were likely to rise through the low-output wintering season in […]
Tocom Rubber Ends Up; Likely Improve Into 1Q Of 2015
Tocom Rubber Ends Up; Likely To Improve Into 1Q Of 2015 29 October 2014, 13:57 SEAST Tocom rubber futures settle 1.1% higher as recent price-supportive moves by major producers continue to boost. International Rubber Consortium chief executive officer Yium Tavarolit says rubber prices are likely to improve through the low-output wintering season […]
Farmers Hail Government Rubber Price Supports
Farmers Hail Government Rubber Price Supports 17 October 2014, 06:20 SEAST The natural rubber and farmers councils have welcomed the government’s measures passed yesterday to help farmers suffering from the slump in rubber prices. Under the measures approved at the National Rubber Policy Committee yesterday, farmers who each own no more than 25 […]