Tocom Rubber Settles Up; Thai Farmers Move To Halt Govt Sales
Tocom Rubber Settles Up; Thai Farmers Move To Halt Govt Sales 19 May 2014, 13:50 SEAST Tocom rubber futures settle 3.3% higher with prices getting a boost from strong gains in Shanghai rubber, which sent Tocom up to breach the previous Y205/kg resistance. IRCo chief executive Yium Tavarolit says on the organization’s website Monday that Thai […]
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 […]
Biggest Rubber Producers To Avoid Selling Below Current Prices
Biggest Rubber Producers To Avoid Selling Below Current Prices 14 October 2014 By Supunnabul Suwannakij Thailand, Indonesia, Malaysia and Vietnam were among countries which today agreed to refrain from selling natural rubber below current prices, according to the International Rubber Consortium. Cambodia, the Philippines and Papua New Guinea also pledged to join efforts by producers to improve prices to prevent small holders from […]
Asian Rubber Settles Higher; Shanghai Surges On Vietnam Supply Concerns
Asian Rubber Settles Higher; Shanghai Surges On Vietnam Supply Concerns 19 May 2014, 17:53 SEAST Asian rubber settled higher on Monday as Shanghai futures surged, amid concerns about Vietnamese rubber supply, according to traders. The continuing political tension between China and its southern neighbor saw China suspending some diplomatic contacts with Vietnam over the weekend. Benchmark September natural rubber on the Shanghai Futures Exchange […]
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 […]
Asian Rubber Settles Flat As Producers Aim To Support Prices
Asian Rubber Settles Flat As Producers Aim To Support Prices 15 October 2014, 18:12 SEAST Asian rubber settled flat Wednesday as crude-oil prices continued to fall, although the downside was limited due to efforts by producing trade associations and governments to support the market. Benchmark March natural rubber on the Tokyo Commodity […]
Tocom Rubber Settles Higher; Thailand Stocks Release Unlikely
Tocom Rubber Settles Higher; Thailand Stocks Release Unlikely 26 May 2014, 13:52 SEAST Tocom rubber futures settle 0.8% higher as prices remain locked in a range because of prospects of a large surplus this year even in the low-production season. It is unlikely Thailand can sell its 200,000 tons of rubber stocks now “as the decision […]
Tocom Rubber Higher; Producers Seek To Improve Prices
Tocom Rubber Higher; Producers Seek To Improve Prices 7 October 2014, 09:03 SEAST Tocom RSS3 rubber futures are higher in slow trade amid a public holiday in China. Prices are getting support from discussions between major producing countries about the depressed market; the International Rubber Consortium says on its website that a ministerial […]
Malaysia Ready To Construct Rubberised Roads
Malaysia Ready To Construct Rubberised Roads 16 October 2014, 12:00 SEAST According to a New Straits Times report, Malaysia is preparing to build its first rubberised roads in June 2015. Datuk Amar Douglas Uggah Embas, Minister of Plantation Industries and Commodities said this at a media briefing. He explained that several countries have already begun research on […]
Asian Rubber Futures End Up; Thailand Unlikely To Release Stocks
Asian Rubber Futures End Up; Thailand Unlikely To Release Stocks 26 May 2014, 17:52 SEAST Asian rubber futures settled higher Monday in slow trade with the upside capped because of the prospects of a large surplus this year even with the low-production season. Benchmark October natural rubber on the Tokyo Commodity Exchange settled 0.8% […]