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Natural Rubber: Guayale may emerge as strong competitor to Hevea tree
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Foreign tire prices tide spread to domestic
Recently, Bridgestone, Goodyear, Michelin, Kumho and other major brand tire manufacturers have announced an increase in the U.S. market, tire prices, the increase rate of at least 4%. At present, the share of the U.S. tire prices tide has spread...
Continental Tire Canada raises truck tire prices
Continental Tire Canada is announcing a price increase on all Continental, General and Ameri*Steel Brand truck tires of up to 9%. This increase is effective April 1, 2012, and affects all replacement sales channels.
This increase is in response...
IRCo – Market Watch: 5 – 9 March 2012
By Yium Tavarolit
Secondary Data Analysis is not Accurate as Data from the Ground
Macquarie Commodities Research said in its report on Monday that natural rubber (NR) prices are likely to rise to US$4.50 per kilogram by May from about US$4.00...
Daily report on Natural Rubber: Mar 12, 2012
♦ Indian natural rubber market seemed to regain some of its lost momentum during the previous week which saw RSS4 in the spot as well as in the futures market climbing to a two month high by the week end. According to unconfirmed sources,...
Daily report on Natural Rubber: Mar 9, 2012
♦ RSS4 grade rubber edged up in the domestic spot market on Thursday while futures markets remained closed yesterday as the nation was celebrating ‘Holi’. NMCE will reopen today.
♦ Natural rubber in the international market were seen...
Japan’s Bridgestone eyes alternatives to natural rubber for tires
Japan’s Bridgestone plans to conduct research in the US to develop alternatives to natural rubber for tires by 2015, the company said Thursday. The tire maker plans to develop US-grown guayule plants “as a commercially viable, renewable...
Congress OKs Punitive Tariffs on China-Made Tires
Some elements of the North American tire industry took a hit yesterday after the U.S. House of Representatives joined the Senate in passing new legislation that would allow the government to impose higher tariffs on goods from state-controlled...
Tokyo futures end down 2.4 percent on oil, yen (Mar 7)
TOKYO, March 7 (Reuters) – Key TOCOM rubber futures fell as much as 3.7 percent on Wednesday to a two-week low as the yen’s strength and a decline in share prices hurt sentiment amid renewed worries about Greece’s debt...
Daily report on Natural Rubber: Mar 7, 2012
♦ Extending previous session gains NMCE rubber futures edged higher on Tuesday while quotes in the ready market traded mostly steady. Markets have been under pressure from subdued demand from major natural rubber consuming industry and...
