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 […]

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 […]

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 […]

Asian Physical Rubber Prices Down; Producers Hold Back

Asian Physical Rubber Prices Down; Producers Hold Back   21 April 2014, 16:55 SEAST   Asian physical rubber prices are lower amid the slump in rubber futures. “It’s a scary market out there,” says a Singapore-based dealer.   There aren’t many trades done as several buyers are out bargain-hunting, but to no avail, as producers […]

Asian Rubber Slumps; Intervention Not Yet Under Consideration

Asian Rubber Slumps; Intervention Not Yet Under Consideration   21 April 2014, 17:55 SEAST   Asian rubber slumped Monday, with the benchmark contract in Tokyo falling to fresh four-and-a-half year lows as investors rushed to cut their losses in a second straight day of selloff.   Benchmark September natural rubber on the Tokyo Commodity Exchange settled 2.4% […]