News
Japanese rubber futures climb
Japanese rubber futures rose over 1% on Thursday on hopes of fresh fiscal stimulus measures from top consumer China, although lower synthetic rubber and oil prices limited gains.
Inflated natural rubber prices to impact profitability of tyre makers: Crisil
Tyre manufacturers are facing profitability issues due to a more than 33% rise in natural rubber prices in the first five months of this fiscal year. CRISIL Market Intelligence & Analytics notes that strong demand and limited supply have pushed domestic p
Asia-Pacific markets rise as investors digest China economic data, await Fed rate verdict
Asia-Pacific markets were mostly higher Monday, as investors parsed through economic data from China and awaited the Federal Reserve’s monetary policy move.
Malaysia’s natural rubber production rises 27% in July
According to the statistics department, China is the main export destination, accounting for 30% of total exports. Exports of natural rubber increased by 21% to 48,199 tonnes in July 2024, driven by products such as gloves, tyres, tubes, and rubber thread
The Fed won’t ‘push the panic button’ and go for a jumbo rate cut, economist says
As investors await the upcoming rate decision by the U.S. Federal Reserve this month, Carl Weinberg of High Frequency Economics said that a deep interest rate cut was unlikely.
Thailand BOI Approves Investment Worth USD1.54 billion in Biochemicals, Data Centers, and Hospital; Sets New Promotion Category for the Repair of Used EV Batteries and ESS
The Thailand Board of Investment (BOI) today approved the investment promotion applications of eight large projects worth a combined 56.95 billion baht (USD 1.54 billion),...
INTERNATIONAL RUBBER ASSOCIATION
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