Optimistic Growth of China’s Automobile Industry Continues To Support Demand For Natural Rubber
Optimistic Growth of China�s Automobile Industry Continues To Support Demand For Natural Rubber 11 March 2015, 10:00 SEAST On Tuesday, 10 March 2015, China Association of Automobile Manufacturers (CAAM) released data showing an 8.7% increase of passenger vehicles in the first two months of 2015 (January � February) vis-a-vis the same period in […]
Asian Rubber Futures Settle Little Changed Before U.S. Fed Decision
Asian Rubber Futures Settle Little Changed Before U.S. Fed Decision 17 June 2015, 18:02 SEAST Asian rubber futures Wednesday settled little changed in slow, rangebound trade ahead of the U.S. central bank’s next policy decision. The market was likely damped this week thanks to macroeconomic uncertainties before the U.S. Federal Open Market Committee meeting set for later […]
Tocom Rubber Lower; Vietnam Pledges Support
Tocom Rubber Lower; Vietnam Pledges Support 16 March 2015, 09:02 SEAST Tocom RSS3 rubber futures are lower on losses in crude-oil futures and a stronger Japanese yen. Tocom front-month contracts however are supported by tight seasonal supply, as major producing countries enter the wintering season. The International Rubber Consortium says on its website Monday that Vietnam has […]
Tocom Rubber Higher As Major Producers Trying To Slow Output
Tocom Rubber Higher As Major Producers Trying To Slow Output 24 June 2015, 09:21 SEAST Tocom RSS3 rubber futures are higher as major producers are making efforts to curb supply. International Rubber Consortium chief executive Yium Tavarolit says in his latest market report that as global demand slows, largest producer and exporter Thailand is accelerating […]
Asian Rubber Settles Flat
Asian Rubber Settles Flat 11 March 2015, 17:53 SEAST Asian rubber settled flat Wednesday on weak trading sentiment, as demand concerns weighed. Benchmark August natural rubber on the Tokyo Commodity Exchange settled Y0.2 lower at Y208.5 a kilogram, even though it is the low-production season. International Rubber Consortium chief executive Yium Tavarolit […]
Asian Rubber Settles Mixed; Vietnam Pledges Support
Asian Rubber Settles Mixed; Vietnam Pledges Support 16 March 2015, 18:36 SEAST Asian rubber settled mixed Monday on slow demand from China, offsetting tightness in the spot market due to seasonal factors. Benchmark August natural rubber futures on the Tokyo Commodity Exchange settled 1.5% lower at Y210.2 a kilogram. The front months Tocom rubber contracts […]
It’s ‘About Time’ For More Collusion On Rubber Production
It’s ‘About Time’ For More Collusion On Rubber Production � IRCo 25 March 2015, 09:55 SEAST Tocom RSS3 rubber futures are lower in slow trade although the spot March contract is higher on tight supply amid the ongoing low-production season. With market sentiment weak, it’s “about time” for rubber producing countries to work […]
Asian Rubber Futures Settle Lower
Asian Rubber Futures Settle Lower 25 March 2015, 18:14 SEAST Asian rubber futures settled lower Wednesday in the low-production season, as a lackluster demand outlook weighed. Benchmark August natural rubber on the Tokyo Commodity Exchange settled 1.4% lower at Y213.8 a kilogram. The International Rubber Study Group’s Secretary General Stephan Evans said […]
Rubber Tree Farmers Heading For Crisis, Warns Consortium Chief
Rubber Tree Farmers Heading For Crisis, Warns Consortium Chief 8 April 2015, 13:47 SEAST Tocom rubber futures settle lower, falling below previous Y200/kg psychological support, sparking concerns of further losses. International Rubber Consortium chief executive Yium Tavarolit says in market report released Wednesday morning that there has been an acceleration of rubber tree replanting […]
Tocom Rubber Down Sharply As Yen Strengthens
Tocom Rubber Down Sharply As Yen Strengthens 14 January 2015, 09:04 SEAST Tocom RSS3 rubber futures are down sharply as the yen strengthens to hit a one-month high against the U.S. dollar. While there is tight raw material supply due to floods in Southeast Asia, this is offset by sluggish demand, say traders. […]