Tocom Rubber Settles Slightly Higher; Further Gains Expected
Tocom Rubber Settles Slightly Higher; Further Gains Expected 22 April 2014, 13:48 SEAST Benchmark Tocom RSS3 rubber futures settle slightly higher above the key Y200/kg level as investors take respite from two straight days of selloffs to reassess their positions. IRCo chief executive Yium Tavarolit says in his weekly report that he expects a […]
Asian Rubber Slumps; Intervention Not Yet Under Consideration
Asian Rubber Slumps; Intervention Not Yet Under Consideration 21 April 2014, 17:55 SEAST Asian rubber slumped Monday, with the benchmark contract in Tokyo falling to fresh four-and-a-half year lows as investors rushed to cut their losses in a second straight day of selloff. Benchmark September natural rubber on the Tokyo Commodity Exchange settled 2.4% […]
Asian Physical Rubber Prices Down; Producers Hold Back
Asian Physical Rubber Prices Down; Producers Hold Back 21 April 2014, 16:55 SEAST Asian physical rubber prices are lower amid the slump in rubber futures. “It’s a scary market out there,” says a Singapore-based dealer. There aren’t many trades done as several buyers are out bargain-hunting, but to no avail, as producers […]
Tocom Rubber Drops; No Intervention Yet On Outlook – IRCo
Tocom Rubber Drops; No Intervention Yet On Outlook 21 April 2014, 14:03 SEAST Tocom rubber futures settle 2.4% lower after hitting a fresh four-and-a-half-year low amid cut-loss selling and a decline in Shanghai rubber. IRCo chief executive Yium Tavarolit says the major producing countries of Thailand, Indonesia and Malaysia have discussed the selloff, which they are attributing to global […]
Asian Rubber Futures End Lower; Thai Government Sale Plan Rattles
Asian Rubber Futures End Lower; Thai Government Sale Plan Rattles 3 April 2014, 17:55 SEAST Asian rubber futures settled mostly lower Thursday as prices were pressured by the prospect of even more of the commodity on the market after Thailand’s agriculture minister said a day earlier that the government is planning to sell from its 200,000-ton […]
Asian Rubber Futures Decline As China PMI Slows
Asian Rubber Futures Decline As China Manufacturing Slows 24 March 2014, 17:55 SEAST Asian rubber futures settled lower Monday because of fears about demand prospects from China after another set of weak economic data. China is the world’s largest consumer and importer of natural rubber. Sentiment was hit as preliminary HSBC China manufacturing Purchasing Managers Index, a gauge […]
Asian Physical Rubber Little Changed; Thai Field Latex Gains
Asian Physical Rubber Little Changed; Thai Field Latex Gains 3 April 2014, 16:53 SEAST Asian physical rubber prices are little changed with prices amid the low-production season. Prices of Thai field latex in particular, are gaining due to slow arrivals, says IRCo chief executive Yium Tavarolit in a note; “supply tightness of natural rubber […]
Tocom Rubber Fall; Stockpiles Weigh; Futures ‘Weird’
Tocom Rubber Fall; Stockpiles Weigh; Futures ‘Weird’ 3 April 2014, 09:25 SEAST Tocom RSS3 rubber futures fall ahead of the spot month’s expiry Tuesday although prices are still in the backwardation pattern amid the low-production season. Traders say high stockpiles in China and Japan weigh, putting downside pressure on prices. Meanwhile, IRCo chief executive, Yium Tavarolit, says in […]
Asian Rubber Settles Lower; Producers Hold Back But Majors Buy
Asian Rubber Settles Lower; Producers Hold Back But Majors Buy 17 March 2014, 18:08 SEAST Asian rubber settled mostly lower Monday after high stockpiles in China and Japan led to negative sentiment. Benchmark August natural rubber on the Tokyo Commodity Exchange settled 2.5% lower at Y234.3 a kilogram. An excessively dry wintering season this year is […]
Tocom Rubber Lower; 2014 Production To Fall By 6%-8%
Tocom Rubber Lower; 2014 Production To Fall By 6%-8% 17 March 2014, 13:58 SEAST Tocom rubber futures settle 2.5% lower due to negative sentiment on high stockpiles, even though an excessively dry wintering season this year is hitting production in Thailand, Indonesia and Malaysia, which may decline by 6%-8% this year, says IRCo […]