IRCo Welcomes Datuk Dr. Salmiah Ahmad As The New CEO Of IRCo
IRCo Welcomes Datuk Dr. Salmiah Ahmad as the New CEO of IRCo The office of IRCo welcomes Datuk Dr. Salmiah Ahmad as the Chief Executive Officer of IRCo, effective 1 September 2015. Datuk Dr. Salmiah who was the Director General of Malaysian Rubber Board has been appointed by IRCo’s Board of Director to […]
Positive NR Fundamentals For The First 10 Months Of 2015
Positive NR Fundamentals For The First 10 Months Of 2015 10 November 2015 Highlights: * NR Production dropped 0.9% * NR Consumption increased 3.8% * World NR Stocks decreased 17.6% For the first 10 months of 2015, NR fundamentals remain intact as indicated by the decrease of NR production in Association of Natural […]
ARBC Expresses Convern Over The Current Protracted Low Rubber Prices
PRESS RELEASE ASEAN RUBBER BUSINESS COUNCIL (ARBC) EXPRESSES CONCERN OVER THE CURRENT PROTRACTED LOW RUBBER PRICES The ASEAN Rubber Business Council (ARBC), which comprises the rubber trade associations of Thailand, Indonesia, Malaysia, Singapore, Vietnam and Cambodia and accounting for around 76.2% of the world’s total natural rubber production, is very concerned over the current […]
Joint Communique/Media Release of ITRC Ministerial Committee Meeting 2015
Joint Communiqu�/Media Release International Tripartite Rubber Council (ITRC) Ministerial Committee Meeting 2015 Thursday, 3 December 2015 Jakarta, Indonesia _____________________________________________________________ The Ministerial Committee Meeting of the International Tripartite Rubber Council (ITRC) was held in Jakarta, Indonesia on Thursday, 3 December 2015. The ITRC was represented by Thailand, Indonesia and Malaysia (TIM). The ITRC Ministerial Committee […]
Low Rubber Prices Could Drive Farmers Into Other Activities
Low Rubber Prices Could Drive Farmers Into Other Activities 24 September 2015, 09:40 SEAST Rubber farmers could abandon growing the plant and move into other activities permanently if prices persist at their current low levels, potentially disrupting supply, the International Rubber Consortium in its latest weekly update. “Currently, natural prices are mainly […]
Top Rubber-Producing Countries Aim To Set Up New Trading Platform
Top Rubber-Producing Countries Aim To Set Up New Trading Platform 4 December 2015, 08:49 SEAST Ministers from the world’s top three rubber producers could set up a new trading platform for the commodity by the end of the first quarter of 2016, as they try to turn around five years of falling prices. […]
Low Prices Could See Rubber Farmers Move Out Of Production
Low Prices Could See Rubber Farmers Move Out Of Production 24 September 2015, 10:38 SEAST If natural rubber prices remain at currently low levels, rubber farmers “may permanently switch to other economic activities and this would disrupt the supply of raw materials,” says the International Rubber Consortium. It notes that data published by […]
Excerpts From CEO’s Interview With Wall Street Journal
EXCERPTS FROM CEO’S INTERVIEW WITH THE WALL STREET JOURNAL Natural Rubber Stocks Are Smaller Than Estimated 30 September 2015 Natural rubber stocks are smaller than estimated and the new chief executive of the International Rubber Consortium warned that with production falling, a shortage could be looming. “The market’s perception of high-level rubber stock, […]
Super El Nino And Climate Change Cause Crop Failures Putting Millions At Risk Of Hunger
Super El Nino And Climate Change Cause Crop Failures Putting Millions At Risk Of Hunger 6 October 2015, 10:30 SEAST Source: The Pacific Islands News Association At least four million people in the Pacific face hunger, water shortages and risk of disease this year and next due to droughts and erratic rains, influenced […]
Somkid Eyes Crop Diversity
Somkid Eyes Crop Diversity 6 October 2015 One of the projects is to downsize rubber plantations by 1 – 2 million rai in five years, encouraging rubber planters to grow another crop such as oil palm, and promoting the use of rubber in road construction Source: Bangkok Post View original: www.bangkokpost.com/business/news/719312/somkid-eyes-crop-diversity