LSR resin shortages emerge as demand for silicone grows

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EXTON, Pa.—Liquid silicone rubber, used in automotive, medical and other markets, is growing so quickly that molders are experiencing resin shortages, according to Rick Ziebell, vice president of technology for R.D. Abbott Co. Inc.

Ziebell, the first speaker at an April 9-11 open house at Boy Machine Inc. in Exton, called the shortages “the elephant in the room.”

Read the source article at Rubber and Plastics News

Cambodia’s rubber exports show 23% increase, but prices decline

Cambodia’s rubber exports increased 23 per cent in the first quarter of this year on the same period last year, while rubber prices continue to decrease, according to figures from the General Directorate of Rubber under the Ministry of Agriculture, Forestry and Fisheries.

The data showed the Kingdom exported 48,192 tonnes of rubber in the first quarter of this year, a 23 per cent increase compared to the same period last year, with an average price of $1,279 per tonne, a 12 per cent decrease.

Read the source article at Global Rubber Markets News

Outlook bright for carbon black?

Can major manufacturers continue on the track of strong market growth and investment seen last year?

After a period of strong demand and tightness of supply the carbon black market showed signs of cooling towards the end 2018.

Birla Carbon president Europe & Africa, John Davidson is detecting “cautious optimism” in his region for the rest of the year, with predictions of 1-2% growth in Europe.

Read the source article at European Rubber Journal

Thailand expected to delay start of cuts in rubber exports due to election

JAKARTA: Thailand, the world’s top natural rubber producer, will delay the start of planned curbs on exports of the commodity by over a month due to the general election in the country, officials from two other nations that are also making cuts said on Monday. Thailand, Indonesia and Malaysia, which together form the Tripartite Rubber […]

Read the source article at Global Rubber Markets News

Rubber weekly

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At the supply end, the main producing areas in Southeast Asia are in low-yield areas, the supply of raw materials is tight, and the inventory of processing plants is not high. The raw materials are actively stocked, the price of raw materials is strong, the price of US dollar cargo is firm, and the internal […]

Read the source article at Global Rubber Markets News

NR producers to study pricing issues at Bangkok meeting

Bangkok – Members of the International Rubber Tripartite Council (IRTC) – Thailand, Indonesia and Malaysia – are set to meet in Bangkok later this month to address issues around prolonged low prices for natural rubber (NR).

Speaking 7 Jan to ERJ, a spokeswoman for the International Rubber Consortium (IRCo) said the exact date of meeting is not finalised yet.

The meeting, she said, would review measures to benefit smallholders, but did not elaborate further.

Read the source article at European Rubber Journal

2018 Top 10: Raw material volatility

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Prices for raw materials continued to increase in 2018, causing a widespread impact throughout the tire and rubber industries in our No. 3 story of the year.

Read the source article at Rubber and Plastics News

Apollo Vredestein to Increase Tire Prices in North America

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Apollo Tyres announced that the prices of its Vredestein brand consumer tires will increase by up to 6% starting Jan. 1.

The company said the price hike is in line with the rising raw material and logistics costs.

Currently, Vredestein consumer tires are produced in Europe from the company’s manufacturing facilities in the Netherlands and the recently inaugurated plant in Hungary.

Read the source article at Tire Review

Rousing start to International Rubber Glove Conference

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The 9th edition of the International Rubber Glove Conference, the world’s biggest glove event, got off to a grand opening with the Malaysian Prime Minister Tun Dr Mahathir Mohammad assuring the Malaysian glove industry all support to scale further heights and make more profits.

Read the source article at Rubber Asia

India’s rubber output to drop over 15% due to floods, says merchants

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Cochin Rubber Merchants’ Association has said that the decline in rubber output will be more than 15 percent due to floods. President of the  Association GP Goyal has told Moneycontrol that the rubber tapping has completely stopped for last 15-20 days.

Workers from Bihar and Orissa left Kerala and product sale has drastically come down, he said. Prices have not gone up much because the import is taking place and North Indian states are getting material from Tripura.

Read the source article at Rubber Asia