2016

Malaysia, Indonesia & Thailand To Shore Up Rubber Price

Malaysia, Indonesia & Thailand To Shore Up Rubber Price   4 February 2016, 16:50 SEAST   Asia’s top rubber producers have agreed to cut exports by 615,000 tonnes for six months from March, moving to lift prices that have tumbled to their lowest since the global financial crisis amid excess supply.   Benchmark rubber futures in Singapore and Japan rallied 2-3% on the news. […]

ITRC Media Statement

MEDIA STATEMENT BY THE INTERNATIONAL RUBBER CONSORTIUM (IRCO) ON 4TH AGREED EXPORT TONNAGE SCHEME (AETS)   “We shall implement and comply” is the pledge by the Rubber Associations from Thailand, Indonesia andMalaysia when they met at a special meeting organized by the International Rubber Consortium (IRCo) at the Raffles Hotel, Singapore on 26 February 2016.   The Governments of […]

ASEAN Rubber Producers Will Cut Exports

ASEAN Rubber Producers Will Cut Exports   4 March 2016, 10:00 SEAST   Global rubber prices are expected to recover this year after Vietnam last week agreed to join forces with three other Asean rubber producers to cut exports.   Bundit Kerdvongbundit, vice-president of Von Bundit Co, said the International Rubber Consortium last Friday agreed on plans for Thailand, Indonesia and Malaysia to […]

Soft-Launching of Regional Rubber Market

SOFT-LAUNCHING OF REGIONAL RUBBER MARKET AT THAI RUBBER ASSOCIATION ANNUAL DINNER 29 APRIL 2016   Thailand, Indonesia and Malaysia under the framework of International Tripartite Rubber Council (ITRC) agreed to establish a Regional Rubber Market (RRM) to provide a platform for Price Discovery.   The soft-launch of the RRM was held on 29 April 2016, […]

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