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 […]
NR Market Is Misled By Weak Market Sentiment
NR Market Is Misled By Weak Market Sentiment – IRCo 23 September 2014, 18:05 SEAST The production figure of natural rubber (NR) produced by nine producing countries under the Association of Natural Rubber Producing Countries which constitutes approximately 92% of global NR production has indicated a drop in supply. For the first half […]
Tocom Rubber Flat As Cartel Pricing Kicks In
Tocom Rubber Flat As Cartel Pricing Kicks In 15 October 2014, 08:56 SEAST Tocom RSS3 rubber futures are flat amid weak crude-oil prices although the downside is limited due to efforts by producing trade associations and governments to support the market. The International Rubber Consortium says on its website that the group met […]
Tocom Rubber Reverses Early Losses; May Move In Range
Tocom Rubber Reverses Early Losses; May Move In Range 12 March 2014, 08:50 SEAST Tocom RSS3 rubber futures are reversing early losses as Shanghai rubber has opened to trade in the positive zone. IRCo chief executive Yium Tavarolit says in his weekly report that rubber prices are likely to fluctuate in range. “On the production […]
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 […]
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 […]