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 […]
Five Rubber Trade Associations Consensually Agreed To Take Action
Five Rubber Trade Associations Consensually Agreed To Take Action 12 October 2014, 9:00 SEAST The CEO of IRCo invited the Chairmen of five rubber trade associations, i.e. Thai Rubber Association (TRA), Rubber Association of Indonesia (GAPKINDO), Malaysian Rubber Board (MRB), Vietnam Rubber Association (VRA) and Association for Rubber Development of Cambodia (ARDC) on Friday, 10 October […]
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 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. […]
Asian Rubber Settles Higher; China Jumps Back
Asian Rubber Settles Higher; China Jumps Back 9 October 2014, 17:58 SEAST Asian rubber settled higher Thursday on the prospect of collective producer action to restrict supply. Major rubber producing countries Thailand, Indonesia and Malaysia are set to discuss measures to stem heavy losses in the next few weeks, said Thailand’s Minister of Agriculture and […]
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 […]
Global NR Stocks As Reported By IRSG In Its Rubber Statistical Bulletin
Global NR Stocks As Reported By IRSG In Its Rubber Statistical Bulletin � IRCo 14 October 2014, 08:00 SEAST Compiled by IRCo, October 2014Source: IRSG Rubber Statistical Bulletin Upon tabulation of the global NR stocks (as at end 2013) as reported by IRSG in its 3 Bulletins in 2014, it is noticeable that the stocks […]
Asian Rubber Settles Lower; Trade Might Slow For Rest Of Week
Asian Rubber Settles Lower; Trade Might Slow For Rest Of Week 30 April 2014, 17:54 SEAST Asian rubber settled mostly lower Wednesday ahead of the observance of the Labor Day holiday in much of Asia on Thursday. Benchmark October rubber futures on the Tokyo Commodity Exchange settled 0.8 yen lower at Y205.5 a kilogram […]
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 […]
Five Rubber Trade Associations Agree To Control Prices
Five Rubber Trade Associations Agree To Control Prices 13 October 2014, 09:49 SEAST The rubber trade associations of Thailand, Indonesian, Malaysia, Vietnam and Cambodia have agreed to “urge their members not to offer natural rubber for sale at lower levels than current price,” says the International Rubber Consortium in an announcement on its website. “The five Rubber Trade Associations […]