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TOCOM of glue morning extended losses on May 24

Written by HMH | May 24, 2012 | 1

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A farmer taps a rubber tree to collect raw latex on a rubber plantation in Rayong province, Thailand.

Thai Rubber Exporters Begin Buying In Tokyo, Shanghai

Written by HMH | May 24, 2012 | 0

A farmer taps a rubber tree to collect raw latex on a rubber plantation in Rayong province, Thailand. Rubber shippers from Thailand, the world’s largest producer, have started purchases on theTokyo and Shanghai exchanges to shore up prices...

Tokyo futures extend fall on demand worries, oiln (May 24)

Written by HMH | May 24, 2012 | 1

TOKYO, May 24 (Reuters) – Key TOCOM rubber futures extended losses on Thursday, tracking overnight falls in oil prices and weaker Shanghai and Singapore rubber markets, while Europe’s debt crisis continued to highlight concerns...

Raw rubber latex is collected in bowls. The surplus of rubber will probably widen to 469,000 tons this year and to 566,000 tons in 2013 from 50,000 tons in 2011, before falling to 194,000 tons in 2014 as price declines curb growth in supplies, said Prachaya from the London-based The Rubber Economist, who has studied the commodity for more than 30 years.

Rubber Seen Poised For Glut On Weaker Chinese Growth

Written by HMH | May 23, 2012 | 0

Raw rubber latex is collected in bowls. The surplus of rubber will probably widen to 469,000 tons this year and to 566,000 tons in 2013 from 50,000 tons in 2011, before falling to 194,000 tons in 2014 as price declines curb growth in supplies,...

Michelin tire sales continued to slump in April

Written by HMH | May 17, 2012 | 0

Reuters - Michelin recently released a report in April continued downturn in the global tire sales in North America. Car and light truck tire market, Europe Original tire sales fell 5.1 percent, replacement tire sales fell 17.5 percent; North...

Michelin leaves competition guessing heading to Monterey

Written by HMH | May 7, 2012 | 0

Fresh from a pair of convincing victories at the Toyota Grand Prix of Long Beach, Michelin and its technical partner teams now head to the American Le Mans Series at Monterey (May 12) and a venue that provides both unique challenges and opportunities. The...