Tag Archives: Commercial Vehicles
Global Tire Cord market to reach 1.67 mn metric MT by 2018 – says GIA
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India Rubber remains rangebound, fail to climb psychological Rs 200/kg mark
TOKYO, KOTTAYAM, INDIA : Rubber prices in India has failed to climb the psychological Rs 200/kg mark even as rubber futures at Tokyo Commodity Exchange (TOCOM) has witnessed a sharp rebound on stimulus measures and price support mechanism...
India: Fuel price rise to hurt truck sales further
The medium and heavy commercial vehicle (M&HCV) sector, which was already reeling under weak demand, could see conditions deteriorate further due to fall in industrial demand and recent rise in diesel prices. The impact is likely to be...
Rubber supply seen up 4.7% this year; offtake may rise 4.8%
KOCHI, SEP 19:
Global rubber supply will increased 4.7 per cent to 10.83 million tonnes (mt) this year, while consumption is likely to increased by 4.8 per cent to 11.59 mt, according to Kamarul Baharain Basir, Secretary-General of the Association...
US, China to boost natural rubber production
Opportunities for production and growth in demand for natural rubber are encouraging in view of the improvement in the economic indicators of the US, China, Japan and Europe, said Kamarul Baharain Basir, secretary general, Association of Natural...
Continental Tyres India to produce one million tyres annually in two years
NEW DELHI: Continental Tyres India, a subsidiary of the 30.5 billion euros Continental AG, leading automotive suppliers world wide, plans to increase its tyre production capacity by one million units in two years.
Continental Tyres which took...
India: Truck sales drop for the fifth month in a row this fiscal
CHENNAI: For the fifth month in a row truck sales in the 5 tonne – 49 tonne range registered a sharp drop as rentals continued to drop on trunk routes. Truck sales dipped 13.25% in August as rentals saw a 3%-4% drop across the board...
Securities Futures: Natural rubber market in May Monthly Digest
Inadequate supply cut natural rubber shock bottoms needs time
1. 8 month natural rubber Review of Trends
August Hujiao overall presentation shocks slightly weak trend of the first half continued the trend in late July, the main contract 1301...
Rubber may gain in festive season on demand recovery in Indian Automobiles
MUMBAI/KOTTAYAM,INDIA: Spot rubber prices in India have fallen from Rs 180 per kg for RSS 4 grade to Rs 169 and recovered to Rs 171 per kg in August with automobile sales giving no hope for further uptrend in prices, analysts said. However,...
Falling rubber prices to boost Apollo Tyres’ margins
Apollo Tyres’ stock has gained six per cent in the last one week resulting in a monthly gain of over 16 per cent as the company delivered better-than-expected performance in the June 2012 quarter (on August 9) despite macroeconomic pressures....
