Thailand To Sign Rubber Supply Deal With China’s Sinochem

Thailand To Sign Rubber Supply Deal With China’s Sinochem   28 October 2015 By Supunnabul Suwannakij   Bloomberg – Thailand plans to sign deal next month with state-owned Sinochem Group to supply 200,000 tonnes for 1 year, Minister of Agriculture and Cooperatives Chatchai Sarikulya says in interview on Wednesday in Bangkok.   * Thailand seeking to reduce rubber surplus through […]

Tocom Rubber Higher As Slow Production, Drought Support

Tocom Rubber Higher As Slow Production, Drought Support   21 July 2015, 09:17 SEAST   Tocom RSS3 rubber futures are slightly higher in slow trade amid the lack of fresh cues.   Although rubber is entering into the peak production season, the International Rubber Consortium says in a market report on its website that global rubber […]

Malaysia To Give Incentives, Subsidies To Rubber Smallholders

Malaysia To Give Incentives, Subsidies To Rubber Smallholders   28 October 2015 By Niluksi Koswanage and Anuradha Raghu   Bloomberg – Government to spend as much as 200 million ringgit on subsidies and incentives from January, Prime Minister Najib Razak says in budget speech in Parliament.   * Government to subsidize farmers if rubber prices fall […]

Vietnam Urged To Join Rubber Consortium

Vietnam Urged To Join Rubber Consortium   21 July 2015, 16:24 SEAST   Thailand is set to lobby Vietnam at a meeting in Bangkok next week to join the International Rubber Consortium Ltd (IRCo), a move that would help to stabilise rubber prices.   The country is also seeking to expand bilateral trade to US$20 billion over the next five years. […]

The Thai Cabinet Approved Subsidy To Reduce The Burden Of Rubber Smallholders

The Thai Cabinet Approved Subsidy To Reduce The Burden Of Rubber Smallholders   28 October 2015   The Thai cabinet approved a subsidy for NR smallholders with Land Titles. Under this measure, smallholders will get a subsidy of THB1,250 per rai for up to a maximum of 15 rais.   The Prime Minister of Thailand […]

Bilateral Discussion Between Minister of Agriculture And Cooperatives Of Thailand And Minister Of Agriculture And Rural Development Of Vietnam

Bilateral Discussion Between Minister of Agriculture And Cooperatives Of Thailand And Minister Of Agriculture And Rural Development Of Vietnam 27 July 2015, 15:00 SEAST   On 23 July 2015, H.E. Cac Duc Phat, Minister of Agriculture and Rural Development, Vietnam paid a courtesy call to H.E. Petipong Pungbun Na Ayudhya, Minister of Agriculture and Cooperatives, Thailand. Both Excellencies had a chance […]

U.S. Auto Industry Heading For Record Sales In 2015

U.S. Auto Industry Heading For Record Sales In 2015   4 November 2015   The U.S. auto industry is on track for a record annual sale as indicated by the continued improvement of its auto sales in October which was far higher than market expectations.   In October 2015, the U.S. automobile sales jumped by 13.6% to 1,455,516 units in […]

Global Natural Rubber Stock Continued Falling At End July 2015

Global Natural Rubber Stock Continued Falling At End July 2015   11 August 2015, 11:00 SEAST   In July 2015, global Natural Rubber (NR) stock continued falling from 2.063 million MT as at end 2014 to 1.845 million MT as at end July 2015, according to the LMC�s Rubber Bulletin in July 2015.   This […]