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 […]
Asian Rubber Futures End Mixed In Wild Market
Asian Rubber Futures End Mixed In Wild Market 9 July 2015, 17:26 SEAST Asian rubber settled mixed Thursday in volatile trade tracking price swings in the broad Chinese market. Benchmark December natural rubber on the Tokyo Commodity Exchange settled 3.9% higher at Y209.6 a kilogram on a strong comeback in Chinese equities after […]
Tocom Rubber Higher In Rangebound Trade
Tocom Rubber Higher In Rangebound Trade 15 July 2015, 09:30 SEAST Tocom rubber futures are higher in rangebound trade with prices supported by a weaker yen on euro-zone relief. International Rubber Consortium chief executive Yium Tavarolit says in a note that the rubber market is likely to continue improving this week after Greece reached a […]
Asian Rubber Futures Settle Flat In Slow Pre-Holiday Trade
Asian Rubber Futures Settle Flat In Slow Pre-Holiday Trade 15 July 2015, 17:53 SEAST Asian rubber futures settled flat Wednesday as production was winding down ahead of the Eid al-Fitr holidays inAsia. Benchmark December natural-rubber futures on the Tokyo Commodity Exchange settled Y0.2 higher at Y208.8 ($1.69) a kilogram. Although slow arrivals were […]
Latest Progress From Vietnam On Its Intention To Join ITRC/IRCo
Latest Progress From Vietnam On Its Intention To Join ITRC/IRCo 10 July 2015, 10:00 SEAST
Tocom Rubber Higher On Yen, Supply
Tocom Rubber Higher On Yen, Supply 1 July 2015, 09:40 SEAST Tocom RSS3 rubber futures are higher on a weaker yen and as supply remains tight even as major producers exit the low-output season. International Rubber Consortium chief executive Yium Tavarolit says in his weekly note that supply has been tight year due […]