Tocom Rubber Lower; Downside Limited On Producers Action
Tocom Rubber Lower; Downside Limited On Producers Action 9 October 2014, 09:10 SEAST Tocom RSS3 rubber futures are lower on a stronger yen, but the downside is limited on the prospect of coordinated producer action against prevailing low prices, which many say are below production costs. Spot market trade remains slow, however, […]
Rubber Futures Markets Bounce On Prospect Of Producer Action
Rubber Futures Markets Bounce On Prospect Of Producer Action 9 October 2014, 13:44 SEAST Tocom RSS3 rubber futures end higher on the prospect of collective producer action to restrict supply. The upside however is limited with the market skeptical about the impact. “Such announcements require collective action to enforce and from […]
The Inconsistency Of Global NR Stocks Reported By LMC Rubber Bulletin
The Inconsistency Of Global NR Stocks Reported By LMC Rubber Bulletin � IRCo 9 October 2014, 16:50 SEAST Compiled by IRCo, October 2014Source: LMC Rubber Bulletin Upon tabulation of the global NR stocks reported by LMC in its monthly Bulletins, IRCo noticed that there are inconsistencies of data particularly in the April, May, June and […]
Asian Rubber Settles Higher; China Jumps Back
Asian Rubber Settles Higher; China Jumps Back 9 October 2014, 17:58 SEAST Asian rubber settled higher Thursday on the prospect of collective producer action to restrict supply. Major rubber producing countries Thailand, Indonesia and Malaysia are set to discuss measures to stem heavy losses in the next few weeks, said Thailand’s Minister of Agriculture and […]