ANRPC Annual Rubber Conference 2019 to be held in Indonesia

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Association of Natural Rubber Producing Countries (ANRPC) Annual Rubber Conference 2019 will be held at Yogyakarta, Indonesia on October 7, 2019 with the theme ‘Adaptive and inclusive path to sustainable value chain. The event will start at 9 am. The opening session will see participation of representatives from the governments of Indonesia ad Thailand.

Read the source article at Rubber Asia

Latest World Rubber Industry Outlook now available from IRSG

The Secretariat of the International Rubber Study Group (IRSG) publishes comprehensive data on production, consumption, trade and prices – covering both natural rubber (NR) and synthetic rubber (SR). On a biannual basis the World Rubber Industry Outlook (WRIO) presents the latest long-term forecasts for the next ten years, covering the world economy as well as the vehicle, tyre and rubber sectors.

 

Read the source article at rubberstudy.com

NR supply crunch hits manufacturing

The widening demand-supply gap in natural rubber in India, coupled with restrictions on import of the commodity, threatens to hit the tyre and non-tyre manufacturing sector badly. The drastic fall in production is particularly worrisome to rubber MSMEs who can hardly afford the high import duty and many have gone out of existence for want of raw material

Read the source article at Rubber Asia

ANRPC expects rubber-price gains as output lags demand

Kuala Lumpur – Global production of natural rubber (NR) totalled 3.954 million tonnes during the first four months of 2019, the Association of Natural Rubber Producing Countries (ANRPC) has reported.

The level represented a decline of 5.1%, from 4.165 million tonnes, recorded during the same period in previous year, said a 30 June ANRPC statement.

World consumption of NR, meanwhile, improved over the four months to April: up 1.0% year-to-year to 4.591 million tonnes, the association noted.

Read the source article at European Rubber Journal

Tire & Rubber Summit 2019: Suppliers ready to overcome tire industry challenges

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TORONTO—Raw material suppliers face various challenges in providing tire makers with the quality and quantity of materials they need. But they are more than prepared to meet those challenges.

This was the message representatives from three raw materials sectors—carbon black, natural rubber and synthetic rubber—had for attendees at “Driving to the Future,” the 2019 Tire & Rubber Summit sponsored by the Tire and Rubber Association of Canada.

Read the source article at Rubber and Plastics News

Indonesia, Malaysia, Thailand committed to developing Rubber City

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The world’s top producers of natural rubber – Indonesia, Malaysia and Thailand – are committed to strengthening collaboration to develop Rubber City in the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) region to boost rubber consumption and promote downstream industry development.

Read the source article at The Edge Markets

BMW joins Global Platform for Sustainable Natural Rubber

MUNICH, Germany—German car maker BMW A.G. has joined the Global Platform for Sustainable Natural Rubber, a coalition of stakeholders from across the natural rubber value-chain, including many major tire makers.

The move is a “rather logical approach,” considering the amount of rubber used in the automotive industry, the Munich-based company said.

“BMW needs around 24,000 (metric) tons of rubber a year for tires alone,” the company said, noting this decision links to its efforts to combat climate change.

Read the source article at Rubber and Plastics News

Vietnam: Rubber exports plummet

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HÀ NỘI – Việt Nam’s rubber exports fell in May due to changing Chinese policies and fears over the US-China trade war, a representative of the Việt Nam Rubber Group (VRG) has said.

According to the Ministry of Industry and Trade, in May, rubber exports reached 80,000 tonnes, worth US$116 million, up 6 per cent in volume and 7 per cent in value compared with April. However, those figures were down 26.5 per cent in volume and 26.2 per cent in value year-on-year.

Fortunately, in the first five months of the year, rubber exports reached 495,000 tonnes, worth $673 million, up nearly 12 per cent in volume and 4 per cent in value year on year.

Read the source article at Global Rubber Markets News

Cambodia: Falling rubber prices causing concern

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Rubber being harvested at a farm in Ratanakkiri. KT/ Chor Sokunthea The price of rubber has fallen markedly in recent months due to a slowdown in demand in international markets, particularly China. The commodity currently fetches $1,300 per tonne in the local market, a drop of more than $100 compared to last year, according to […]

Read the source article at Global Rubber Markets News

Interview with ATMA Chairman- Need collaboration for sustainable growth

Automotive Tyre Manufacturers’ Association (ATMA) is a well-known tyre industry body in India. ATMA is the voice of the Indian tyre industry and its activities focus on promoting, representing and communicating the tyre industry interests primarily by acting as conduit between the Government and the industry.

With a strong acceleration in Indian GDP growth, automotive and tyre segment has registered a remarkable growth that led India to take a prominent position in the global rubber economy in 2018.

Read the source article at blog.rubberstudy.com