Tag Archives: tyres
Green Tyres gain ground on global efforts to increase fuel efficiency: Lanxess
ch_client = "htlehoang";
ch_width = 550;
ch_height = 250;
ch_type = "mpu";
ch_sid = "Chitika Default";
ch_color_site_link = "0066CC";
ch_color_title = "0066CC";
ch_color_border = "FFFFFF";
ch_color_text = "000000";
ch_color_bg...
Daily report on Natural Rubber: September 7, 2012
MARKET COMMENTARY
RSS4 grade rubber ruled firm in the Indian market on Thursday buoyed by a jump seen in natural rubber prices in the major international market and on gains in other commodities. Despite mild gains registered in NMCE, prices...
Daily report on Natural Rubber: September 6, 2012
MARKET COMMENTARY
Dropping more than one per cent, NMCE rubber futures declined for the first time in four days on Wednesday. Amidst weak fundamentals, movements in the international markets weighed on the sentiments though persistent rains...
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...
Daily report on Natural Rubber: September 5, 2012
MARKET COMMENTARY
Persistent heavy rains in the major rubber growing areas in Kerala kept alive the prevailing mild positive sentiments in the local market. RSS4 in the physical market firmed up to a two week high on Tuesday. However, weakness...
Rubber prices to improve from now upto Q1, 2013
BANGKOK : Rubber prices continue to be impacted by Eurozone crisis, slowdown in emerging markets of India and China reducing automobile and tyre industry sales. However, global natural rubber prices may gain from now until first quarter of...
Daily report on Natural Rubber: September 4, 2012
MARKET COMMENTARY
Stretching the previous week’s gains, RSS4 firmed up in the Indian market on Monday. In the spot market prices inched up to Rs.172 a kg while in NMCE, however, prices were seen trimming its initial gains to culminate the...
Latex tyres could help Europe to compete against Asian rubber manufacturers
The Dutch tyre company Apollo Vredestein has successfully produced the first prototypes of tyres obtained from natural latex from guayule and Russian dandelion plants. An outcome of the EU-PEARLS (‘EU-based production and exploitation...
Tyre industry clocks Rs 178-cr net profit in Q1
The country’s tyre industry registered a comeback in the first quarter (Q1) of this financial year. The industry clocked an overall net profit of Rs 178 crore in the April-June period, as against a total net loss of Rs 56.4 crore in the same...
Tyre firms’ margins under pressure as crude-linked input prices rise
The hope that falling natural rubber prices would provide a boost to tyre companies has been short-lived. Although rubber prices continue to recede, other input costs are rising, which may stymie profit margin expansion.
The main concern arises...
