04 Feb 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 […]