Latex Hits Record High Price in Vietnam-Vietnam Rubber Association

Latex Hits Record High Price in Vietnam-Vietnam Rubber Association
Posted: 18 Dec 2010 02:36 PM PST
The cost of latex has reached a record high, climbing to over VND90 million (US$4,300) per tonne due to short supply, said general secretary of Vietnam Rubber Association (VRA) Tran Thi Thuy Hoa. This is the highest it's ever been. It's even higher than before the world recession, Hoa said. While demand on the production industry has increased significantly thanks to the recovery of the world




Indonesia Sees Rubber Exports Up 7-8 Pct In 2011- Indonesia's Rubber Association
Posted: 18 Dec 2010 02:30 PM PST
Indonesia's rubber association said on Thursday (December 16) it saw rubber exports rising 7-8 percent in 2011 from 2.4 million tonnes this year, in line with its forecast for production growth next year, though it said weather anomalies could hurt supply. Indonesia revised up its forecast for 2010 rubber output to 2.8 million tonnes andassociation Gapkindo said earlier this week it also




Rubber Board's Special Programme to Address Tapper Shortage
Posted: 18 Dec 2010 02:28 PM PST
Rubber Board Chairman Mr. V.J. Kurian has announced that the Board will implement a special programme with immediate effect to address the shortage of tappers, which has evolved as a serious issue in the rubber plantation sector. Selected workers from Kerala and other States will be given intensive training in the Board's Tapping Schools in Kerala. Workers from other states having valid




Rubber prices set to continue uptrend
Posted: 18 Dec 2010 02:26 PM PST
The Malaysia rubber market is expected to continue its uptrend next week as tight supplies globally and the on-going wet weather continue to weigh on prices. Tyre-grade SMR 20 is expected to touch 1,450.0 sen per kg next week, a dealer said, adding that the undertone of the market was still intact. "The fundamentals are very strong due to the wet weather in rubber producing countries like




Spot rubber rules steady
Posted: 18 Dec 2010 02:24 PM PST
Kottayam, Dec. 18 Spot rubber finished unchanged on Saturday. The weekend session was comparatively inactive and lost its direction as the domestic futures on the National Multi Commodity Exchange seemed almost steady with only minor slips in all contracts. Most of the traders preferred to wait till the international markets resume trading on Monday after weekend holidays. Sheet rubber




Rubber Climbs to Record as Thailand Rains Hurt Output Amid Growing Demand
Posted: 18 Dec 2010 02:22 PM PST
Rubber extended a rally to a record as heavy rains in the south of Thailand, the world’s biggest exporter, increased concerns that supply was trailing demand. The cash price gained to an all-time high. May-delivery rubber on the Tokyo Commodity Exchange climbed to as high as 400.9 yen per kilogram ($4,784 a metric ton), before ending so-called night trading at 400.5 yen, according to intraday




Spot rubber improves on buying
Posted: 18 Dec 2010 02:20 PM PST
Kottayam, Dec 17 Physical rubber prices showed a better trend on Friday. The gap between the domestic and international prices kept the undercurrent firm and the market moved up on fresh buying and short covering. The unexpected changes in weather have also influenced the sentiments. There were rumours that certain tyre manufacturers were buyers on sheet rubber on early trades. Among other news




Tokyo rubber futures bounce
Posted: 18 Dec 2010 02:17 PM PST
Singapore (december 17, 2010) : the most active rubber contract on the tokyo commodity exchange bounced from lows on thursday on bargain hunting, but a lack of activity in the physical market could put pressure on prices. tocom's may rubber contract settled 3 yen a kg higher at 396.7 yen, having hit a low of 390.2 yen. the contract struck a record at 400.1 yen a kg on tuesday on worries about




North to come under rubber cultivation
Posted: 18 Dec 2010 02:14 PM PST
With Sri Lankan natural rubber currently attracting great demand in the international market and fetching the highest ever price of Rs.400.61, large areas of the former war-torn Northern districts of Vavuniya, Kilinochchi and Mullaitivu are also to be brought under rubber cultivation. Director General of the Rubber Development Department, R.B. Premadasa told the Sunday Observer