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 […]
Rubber Falls To Four-Year Low On Fears Of Oversupply, China Slowdown
Rubber Falls To Four-Year Low On Fears Of Oversupply, China Slowdown 24 April 2014, 16:14 SEAST The price of rubber has tanked to the lowest level in more than four years. The selloff accelerated in recent days as the Southeast Asian cartel that controls the majority of production takes an unusual step and refrains from cutting supply during […]
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 […]
CEO of IRCo Met Representatives From ANRPC Member Governments
CEO of IRCo Met Representatives From ANRPC Member Governments 14 October 2014, 15:00 SEAST Subsequent to the discussion between 5 chairmen of Rubber Trade Associations on previous Friday, 10 October 2014 in Melaka, Malaysia, the Chief Executive Officer of IRCo had an opportunity to meet senior officials/representatives from member Governments of the Association of Natural […]
Tocom Rubber Up; Fundamentals Still Supportive
Tocom Rubber Up; Fundamentals Still Supportive 30 April 2014, 08:57 SEAST Tocom RSS3 rubber futures are higher, catching up with gains in regional rubber futures Tuesday when Tocom was closed for a public holiday. IRCo chief executive, Yium Tavarolit in his market report this week says that rubber was oversold in the last week […]