Sri Lanka: Aim to end bulk rubber exports by creating value addition industries locally
Global Rubber Markets
by Renton Campoy
3y ago
The contribution of the rubber industry to the national economy would be enhanced by establishing rubber-related industries throughout the country, Company Estate Reforms, Tea and Rubber Estates Related Crops Cultivation and Factories Modernization and Tea and Rubber Export Promotion State Minister Kanaka Herath said recently. The Minister was addressing the inaugural ceremony of the National ..read more
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Cambodia: Rubber exports increase in 2020
Global Rubber Markets
by Renton Campoy
3y ago
A senior official from the General Directorate of Rubber at the Ministry of Agriculture, has said that Cambodia’s rubber exports are expected to reach 340,000 tonnes by end of the year. General Directorate of Rubber director-general, Pol Sopha, noted that this was an increase over the 280,000 tonnes exported in 2019 and that the growth ..read more
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Cambodia: Kingdom’s rubber exports up in 2020
Global Rubber Markets
by Renton Campoy
3y ago
Latex being poured into a storage tank at a Cambodian rubber plantation. KT/Chor Sokunthea A senior official from the General Directorate of Rubber at the Ministry of Agriculture has said Cambodia’s rubber exports are expected to reach 340,000 tonnes by end of the year. General Directorate of Rubber Director-General Pol Sopha, noted this was an ..read more
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Chinese Natural Rubber Daily Market Price Report: Dec 18, 2020
Global Rubber Markets
by Renton Campoy
3y ago
Natural Rubber RMB Price Unit: RMB/mt Grade Region Market price Change SCRWF (Yunnan) Shandong (North China) 13,650 125 Zhejiang (East China) 13,900-13,950 150 Shanghai (East China) 13,750 125 Tianjin (North China) 13,700-13,750 125 Yunnan (Southwest China) 14,100-14,300 150 SCRWF (Hainan) Jiangsu (East China) 13,950-14,000 100 SCR10 Yunnan (Southwest China) 12,000-12,100 100 Shanghai (East China) 12,600 ..read more
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India Rubber: Up in Kerala on global cues; near-term outlook weak
Global Rubber Markets
by Renton Campoy
3y ago
By Rahul Dhuri MUMBAI – Prices of natural rubber in the key spot markets of Kerala rose today, tracking the global market. However, the near-term sentiment in the domestic market remains weak as arrivals are seen rising in the coming weeks as it is the peak production season. * On the Tokyo Commodity Exchange, rubber ..read more
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Spot rubber stays flat
Global Rubber Markets
by Renton Campoy
3y ago
India’s consumption increases amidst a drop in imports: ANRPC Spot rubber continued to remain neutral on Tuesday. RSS 4 was quoted steady at ₹157 per kg by traders and the Rubber Board. The grade closed unchanged at ₹153 as reported by dealers. The volumes were dull. According to the Association of Natural Rubber Producing Countries ..read more
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Fag end of the year brings cheers to rubber growers
Global Rubber Markets
by Renton Campoy
3y ago
Prices hit 6-year high on upturn in consumption As the world awaits a recovery from Covid-19, the natural rubber prospects are looking up with an upturn in demand and prices towards the end of 2020. Widespread use of personal vehicles after the coronavirus scare has led to a buoyancy in automobile sector leading to a ..read more
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India’s natural rubber (NR) production expected to be lower by 5.7% in 2020
Global Rubber Markets
by Renton Campoy
3y ago
ANRPC pegs the world production of natural rubber during 2020 at 12.597 million tonne, down 9 % from the previous year, as climatic change, extreme weather, and leaf diseases disrupted the production in major rubber-growing countries. The down-scaled consumption in the US and Europe is expected to be offset by the restored momentum exhibited by ..read more
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India Rubber: Prices down in Kerala as near-term outlook bearish
Global Rubber Markets
by Renton Campoy
3y ago
By Rahul Dhuri MUMBAI – Prices of natural rubber in key spot markets of Kerala were down today as the near-term sentiment remains weak due to a likely rise in arrivals, traders said.  * Arrivals are expected to rise in the coming weeks as it is the peak production season. Tapping in key growing areas ..read more
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Tokyo rubber futures soar on Shanghai rally
Global Rubber Markets
by Renton Campoy
3y ago
TOKYO: Japanese rubber futures soared on Monday as strong Shanghai futures prompted fresh buying and a progress in Covid-19 vaccines fuelled hopes for a recovery in global economy. Osaka Exchange’s rubber contract for May delivery finished 10.0 yen, or 4.4%, higher at 239.9 yen ($2.3) per kg. The rubber contract on the Shanghai futures exchange ..read more
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