Malaysia’s Rubber Exports to Surpass RM20 Billion in 2017

Malaysia’s Rubber Exports to Surpass RM20 Billion in 2017 23 May 2017 By Ooi Tee Ching Malaysia’s rubber exports is expected to rise by 10 per cent to surpass RM20 billion this year, up from RM18.12 billion registered in 2016. This increase is due to higher global demand said Malaysia’s Plantation Industries and Commodities Minister Datuk […]

Malaysia to Begin Building Rubberised Roads to Prop-up Rubber Industry

Malaysia to Begin Building Rubberised Roads to Prop-up Rubber Industry 28 January 2017  Malaysia will begin construction of rubberised roads nationwide this year, in a bid to boost domestic consumption of rubber, said the Plantation Industries and Commodities Ministry today. Its minister, Datuk Seri Mah Siew Keong, said the move would help shore up the […]

Uggah Gives Up Federal Minister Post to Improve Sarawak Farmers’ Income

Uggah Gives Up Federal Minister Post to Improve Sarawak Farmers’ Income   14 May 2016, 14:00 SEAST   Newly-appointed Sarawak Deputy Chief Minister Datuk Amar Douglas Uggah Embas has said his priority now is to increase the income of farmers in the Borneo state to at least RM4,000 a month by the year 2020.   The Betong MP was […]

Soft-Launching of Regional Rubber Market

SOFT-LAUNCHING OF REGIONAL RUBBER MARKET AT THAI RUBBER ASSOCIATION ANNUAL DINNER 29 APRIL 2016   Thailand, Indonesia and Malaysia under the framework of International Tripartite Rubber Council (ITRC) agreed to establish a Regional Rubber Market (RRM) to provide a platform for Price Discovery.   The soft-launch of the RRM was held on 29 April 2016, […]

Tocom Surges To 3-Month High

Tocom Surges To 3-Month High   4 March 2016, 17:00 SEAST   Natural Rubber (NR) price on Tokyo Commodity Exchange (TOCOM) jumped 11.49% (18.0 yen) from 156.6 yen/kg on 1 March (Tue) to 174.6 yen/kg on 4 March (Fri) 2016.   This was the highest price level in 3 months supported by a recovery in […]

ASEAN Rubber Producers Will Cut Exports

ASEAN Rubber Producers Will Cut Exports   4 March 2016, 10:00 SEAST   Global rubber prices are expected to recover this year after Vietnam last week agreed to join forces with three other Asean rubber producers to cut exports.   Bundit Kerdvongbundit, vice-president of Von Bundit Co, said the International Rubber Consortium last Friday agreed on plans for Thailand, Indonesia and Malaysia to […]