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Tyre firms roll back prices, hope to liquidate inventory

Chennai: On the back of softening natural rubber prices coupled with lower crude oil prices, tyre companies reduced prices by 2-5% over the past...

Indonesia: Overcapacity in crumb rubber

The Indonesian Rubber Producers Association (Gapkindo) has urged the government to review its plan to open the crumb rubber industry to foreign investors because...

Malaysia: Encourage use of local rubber with incentives

MALAYSIA’S economic outlook in 2019 is expected to remain challenging. Even though the country has became one of the largest producers of commodities in...

OUTLOOK ‘19: Europe SBR hopes for export rebound in 2019 amid...

LONDON (ICIS)--European styrene butadiene rubber (SBR) growth in 2019 is  expected flat or limited despite numerous downstream investments in central Europe. Hopes for growth, however,...

Philippines: Upgrade needed to make rubber sector competitive

The country needs to upgrade its current rubber operations to make these competitive in the natural rubber global value chain (GVC), a policy brief...

India Rubber: Settles lower on ICEX on short selling post 13-wk...

By Rahul Dhuri MUMBAI – The most active January contract of rubber on Indian Commodity Exchange, settled lower because investors added short positions after prices hit a 13-week high...

Rubber unlikely to bounce back soon

Domestic prices of natural rubber have been hovering around a narrow range of ₹120-130 a kg for more than a year now. After the...

India Rubber: Hits 1-wk high on ICEX tailing benchmark spot markets

By Rahul Dhuri MUMBAI – The December contract of rubber on Indian Commodity Exchange hit a one-week high of 12,348 rupees per 100 kg, tailing key spot markets in...

India Rubber:Settles higher on ICEX on bargain buying post 1-wk low

By Rahul Dhuri MUMBAI – Rubber futures on Indian Commodity Exchange settled higher due to bargain buying by market participants after prices hit an over one-week low of 11,992...

India Rubber: Settles lower on ICEX on weak demand from tyre...

By Rahul Dhuri MUMBAI – Futures contracts of rubber on Indian Commodity Exchange ended lower today, due to weak demand from tyre manufacturers, traders said. On ICEX, the December contract ended at 12,112...