News

Indonesia's rubber output to dip next year, flat in 2015 2015-10-12

Jakarta: ndonesia's rubber output is expected to ease next year due to the effects of an El Nino and haze from forest fires, the main rubber group in the world's No 2 producer said on Monday, but is seen unchanged in 2015 at 3.2 million tonnes. Indonesia is expected to face moderate El Nino dry conditions which could...

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Global rubber production dropped by 1.5% 2015-10-08

Due to substantial decline in global natural rubber prices, the world’s natural rubber output fell by 1.5% from a year earlier to 12.07 million tons in 2014, according to a study by Reportlinker. Over the same period, global consumption of natural rubber saw a year-on-year growth of 6.8% to 12.16 million tons,...

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Import of non-tyre rubber products jump 32% in two years 2015-10-08

Many Indian manufacturers have switched to becoming distributors of Chinese rubber goods Imports have gone up substantially during last couple of years across several rubber product categories. According to Chemical and Allied Export promotion Council [Capexil] data, import of latex, dipped & medical...

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Cambodia Declines Invitation to Join Regional Rubber Cartel 2015-10-07

Cambodia has declined to join the world’s largest rubber production group, the International Tripartite Rubber Council (ITRC), because there is no benefit in doing so now, a senior official and an industry executive say.  The country’s rubber producers would be dwarfed by the three members of the...

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Agri-service centre open in India 2015-10-05

Manimalayar Rubbers Private Limited, a joint venture of the Rubber Board and Rubber Producers’ Societies, in collaboration with Kudumbasree opened an agricultural service centre named MANKA (Market-led Agribusiness Nurturing and Kudumbasree Agri-services) in Kaduthuruthy, Kerala, India. The service centre was...

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New IRCo leader foresees natural rubber shortage 2015-10-03

Natural rubber stocks are smaller than estimated and, with production falling, a shortage could be looming, according to the new chief executive of the International Rubber Consortium (IRCo), Samiah Ahmad “The market’s perception of high-level rubber stock, particularly at producing countries, needs to be...

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Vietnam rubber growers swallow bitter pill given protracted low prices 2015-10-02

With rubber prices falling to extremely low levels from the peak in 2011, all players of the Vietnamese rubber sector, from farmers to latex processors and exporters, are struggling to escape from the hardship in their own ways.   Farmers are chopping down their rubber trees to switch to...

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Thai Farmers Want Rubber Price Subsidy 2015-09-30

BANGKOK: Thai farmers, facing the problem of low rubber prices, is asking the government to subsidise the rubber price so that they will get 60 baht per kilogram (kg). The rubber farmers' associations from 16 southern provinces, led by Sunthorn Rakrong, Wednesday handed over a letter to the Minister of Cooperatives,...

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