Don’t Sell Rubber At Current Low Prices, IRCo Advises Trade Associations
Tocom Rubber Fall; Stockpiles Weigh; Futures ‘Weird’
Tocom Rubber Fall; Stockpiles Weigh; Futures ‘Weird’ 3 April 2014, 09:25 SEAST Tocom RSS3 rubber futures fall ahead of the spot month’s expiry Tuesday although prices are still in the backwardation pattern amid the low-production season. Traders say high stockpiles in China and Japan weigh, putting downside pressure on prices. Meanwhile, IRCo chief executive, Yium Tavarolit, says in […]
Tocom Rubber Rises; Current Prices “Unreasonably Low”
Asian Physical Rubber Little Changed; Thai Field Latex Gains
Asian Physical Rubber Little Changed; Thai Field Latex Gains 3 April 2014, 16:53 SEAST Asian physical rubber prices are little changed with prices amid the low-production season. Prices of Thai field latex in particular, are gaining due to slow arrivals, says IRCo chief executive Yium Tavarolit in a note; “supply tightness of natural rubber […]
Asian Rubber Settles Up As IRCo Urges Producers Not To Sell At Low Prices
Asian Rubber Futures Decline As China PMI Slows
Asian Rubber Futures Decline As China Manufacturing Slows 24 March 2014, 17:55 SEAST Asian rubber futures settled lower Monday because of fears about demand prospects from China after another set of weak economic data. China is the world’s largest consumer and importer of natural rubber. Sentiment was hit as preliminary HSBC China manufacturing Purchasing Managers Index, a gauge […]
Rubber Inventories In Producing Countries Set To Decline – IRCo
Asian Rubber Futures End Lower; Thai Government Sale Plan Rattles
Asian Rubber Futures End Lower; Thai Government Sale Plan Rattles 3 April 2014, 17:55 SEAST Asian rubber futures settled mostly lower Thursday as prices were pressured by the prospect of even more of the commodity on the market after Thailand’s agriculture minister said a day earlier that the government is planning to sell from its 200,000-ton […]
Asian Rubber Futures Higher; Yellen Testimony Awaited
Tocom Rubber Drops; No Intervention Yet On Outlook – IRCo
Tocom Rubber Drops; No Intervention Yet On Outlook 21 April 2014, 14:03 SEAST Tocom rubber futures settle 2.4% lower after hitting a fresh four-and-a-half-year low amid cut-loss selling and a decline in Shanghai rubber. IRCo chief executive Yium Tavarolit says the major producing countries of Thailand, Indonesia and Malaysia have discussed the selloff, which they are attributing to global […]