News
16.4% fall in Malaysia's Q3 NR production
The Department of Statistics Malaysia (D0SM) has released data for the country’s natural rubber (NR) production and consumption for September 2022.
$134Mn investment in rubber cultivation in north-eastern India and West Bengal by tire makers
Efforts are underway to ensure that India’s north-eastern region, comprising the seven “sister states” states-the contiguous states of Arunachal Pradesh, Assam, Meghalaya, Manipur, Mizoram, Nagaland and Tripura
Top Glove halts dividend payout to preserve cash
KUALA LUMPUR (Oct 7): Top Glove Corp Bhd is halting its dividend payout to preserve cash holdings, after its plant utilisation (PU) rate declined from 52% in the second quarter ended Feb 28, 2022 (2QFY22) to 35% in 4QFY22, amid low average selling prices
Japanese rubber climbs
SINGAPORE: Japanese rubber futures rose on Thursday, supported by stronger crude prices, although trading remained thin due to the week-long holiday in top buyer China.
Ocean freight orders are signaling a big drop in consumer demand
A significant consumer pullback is showing up in ocean shipping, with logistics managers telling CNBC they have seen a 20% drop in ocean freight orders for the months of September and October. The decline in demand cuts across many products, including mac
UK may already be in recession - Bank of England
The Bank of England has raised interest rates from 1.75% to 2.25% - the highest level for 14 years - and warned the UK may already be in a recession.
INTERNATIONAL RUBBER ASSOCIATION
SECRETARIAT
THE THAI RUBBER ASSOCIATION
45, 47 Chotivithayakul 3 Road, Hatyai, Songkhla 90110, Thailand
+66 74 429311, +66 74 429011-2
+66 74 429312
secretariat@irainfo.org