Asian Rubber Settles Lower; Market ‘Misled’ By Weak Sentiment
Asian Rubber Settles Lower; Market ‘Misled’ By Weak Sentiment 25 September 2014, 18:21 SEAST Asian rubber settled lower Thursday as market confidence remained persistently poor amid forecasts of a supply surplus this year. February natural rubber on the Tokyo Commodity Exchange settled 3.8 yen lower at Y179.6 ($1.64) a kilogram while the new benchmark March […]
Tocom Rubber Down Even As Qingdao Stocks Fall
Tocom Rubber Down Even As Qingdao Stocks Fall 25 September 2014, 09:23 SEAST Tocom RSS3 rubber futures are lower as market sentiment remains lackluster amid forecasts of a supply surplus this year. Despite a decline in Qingdao stocks, prices are getting little upside as investors are likely assessing the data. International Rubber Consortium chief executive […]
NR Market Is Misled By Weak Market Sentiment
NR Market Is Misled By Weak Market Sentiment – IRCo 23 September 2014, 18:05 SEAST The production figure of natural rubber (NR) produced by nine producing countries under the Association of Natural Rubber Producing Countries which constitutes approximately 92% of global NR production has indicated a drop in supply. For the first half […]
The Thai Government Refrained From Selling 210,000 Tonnes Of NR Stockpiles
The Thai Government Refrained From Selling 210,000 Tonnes Of NR Stockpiles 20 September 2014, 13:15 SEAST The Thai Natural Rubber Policy Committee (NRPC) which is chaired by Prime Minister General Prayuth Chan-Ocha met on 19 September 2014 and made a firm decision not to sell the Thai Government held natural rubber (NR) stockpile of 210,000 […]
Tocom Rubber Lower; To Remain Rangebound
Tocom Rubber Lower; To Remain Rangebound 3 September 2014, 09:13 SEAST Tocom RSS3 rubber futures are lower in rangebound trade although the downside is relatively limited due to a weak yen and higher crude oil prices. International Rubber Consortium chief executive Yium Tavarolit says in his weekly report that investors are concerned about news that […]
Asian Rubber Settles Mostly Higher After Weak Yen Provides Boost
Asian Rubber Settles Mostly Higher After Weak Yen Provides Boost 20 August 2014, 18:12 SEAST Asian rubber settled mostly higher Wednesday after a weak yen boosted bellwether Japan rubber above the psychological resistance level. Benchmark January natural rubber on the Tokyo Commodity Exchange settled 0.7% higher at Y199.3 ($1.93) a kilogram as the U.S. dollar […]
Asian Rubber Settles Lower But May Improve This Week
Asian Rubber Settles Lower But May Improve This Week 5 August 2014, 18:07 SEAST Asian rubber settled lower Tuesday in slow trade owing to persistent weak sentiment as investors continued to seek cues to drive prices either way. Benchmark January natural rubber futures on the Tokyo Commodity Exchange settled 0.8% lower at Y204.6 a kilogram. […]
Tocom Rubber Settles Lower; May Improve
Tocom Rubber Settles Lower; May Improve 5 August 2014, 13:43 SEAST Tocom rubber futures settle 0.8% lower in slow, rangebound trade due to persistent weak sentiment. Prices may, however, improve this week due to tight rubber supply in the second half of the year should an El Nino weather event occur, and as farmers have […]
Tocom Rubber Settles Higher; Production May Fall Next Year
Tocom Rubber Settles Higher; Production May Fall Next Year 20 August 2014, 09:01 SEAST Tocom RSS3 rubber futures are higher on a slightly weaker yen although prices remain locked in range and under the psychological Y200/kg level. International Rubber Consortium’s chief executive, Yium Tavarolit, says in his weekly report that natural rubber prices are […]
NCPO Supported The Utilisation Of NR In Road Construction As A Mixture In Asphalt-Based Road In Southern Border Provinces Of Thailand
NCPO Supported The Utilisation Of Natural Rubber In Road Construction As A Mixture In Asphalt-Based Road In Southern Border Provinces Of Thailand 30 July 2014, 11:15 SEAST National Council for Peace and Order (NCPO) approved a Fiscal Budget amounting to Baht835.9 million to repair damaged roads in three southern provinces bordering Malaysia i.e. Narathiwat, Pattani […]