Tag Archives: ITRC
Asian Rubber Settles Higher; Vietnam Still Considering Joining ITRC
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Global Rubber Output To Rise 5.0% In 2012; Vietnam Overtakes India
Vietnam has increased its estimate of natural rubber production this year to a level that would take it past India as the world’s fourth-largest producer of the commodity, contributing to a 5% increase in global rubber output in 2012.
Global...
IRCo – Rubber Market Watch: 1 – 5 October 2012
By Yium Tavarolit
The Movements of Global Stocks, Finance and Energy
Asian stock markets closed higher on Friday as risk sentiment improved on the back of positive U.S. economic data, which would be released late Friday. Japan’s Nikkei...
Malaysia: Rubber market is expected to firm up this week
KUALA LUMPUR: The Malaysian rubber market is expected to firm up further this week supported by the top producing countries’ measures to maintain prices, dealers said.
A dealer said the move by the countries under the International Tripartite...
Vietnam to attend rubber cartel meeting, may join
Vietnam has agreed to participate in the December meeting of the International Tripartite Rubber Council (ITRC), suggesting the possibility the world’s fourth-largest rubber producer will become a new member of the council.
Deputy Agriculture...
Watch for Higher Tire Prices as Rubber Rebounds
Thailand, Indonesia and Malaysia — the world’s three largest rubber producing nations — put into effect a plan to bolster natural rubber prices by withholding exports and cutting production on Monday. The plan, announced back...
Tripartite rubber cartel to start in Thailand next Monday
BANGKOK, Sept 28 – Thai rubber exporters who have enjoyed annual exports of more than 5,000 tonnes will be subject to slash their exports in a move to stabilise natural rubber prices in the global market.
Deputy agriculture minister...
IRCo – Rubber Market Watch: 10 – 14 September, 2012
By Yium Tavarolit
The Movements of Global Stocks, Finance and Energy
The U.S. Federal Reserve’s decision on Thursday to purchase US$40 billion worth of mortgage-backed securities a month and to extend Operation Twist, a stimulus effort to...
IRCo’s WEEKLY RUBBER MARKET SNAPSHOT: 10 – 14 September 2012
Asian rubber markets settled significantly higher last week as China planned to spend 1 trillion RMB to stimulate its economy. Meanwhile, European Central Bank outlined plans to supplement European Stability Mechanism (ESM) by buying short...
IRCo – Rubber Market Watch: 3 – 7 September, 2012
By Yium Tavarolit
The Movements of Global Stocks, Finance and Energy
Stocks in Asia soared on Friday after European Central Bank (ECB) President Mario Draghi on Thursday presented a plan to tackle Europe’s ongoing debt crisis, while...
