After considering a number of factors, such as a changing business environment as well as growing awareness of human rights and environmental considerations, Sumitomo Rubber Group has established its own local organisation for procuring natural rubber. It has done so via its member company Sumitomo Rubber Industries, which this month set up Sumitomo Rubber Singapore Pte. Ltd. This entity, located in the world’s largest natural rubber trading hub, will commence operations in April.
Ivory Coast is Africa’s top natural rubber exporter and the seventh largest producer in the world. New plantations have proliferated as farmers switch from cocoa to rubber in search of more stable incomes.
Akpangni Attobra, APROMAC’s general secretary, told Reuters on Wednesday that output will keep rising and should reach 950,000 tonnes in 2021.
Although the price of rubber prices is not easy to rise, the bottom may rise: the supply and demand structure in 2020 has not yet undergone a substantial change, and it is not easy for a sustained offensive increase. But the bottom may rise upwards: previously seen bottom opportunities may be difficult to see.
SINGAPORE — Natural rubber giant Halcyon Agri Corp. Ltd. has launched Bounce, which it said is a movement to drive industry and consumer change for an equitable, sustainable natural rubber industry.
BANGKOK, Dec 4 (Reuters) – Thailand’s cabinet has approved a 20-year plan to slash rubber plantations by 21% nationwide and increase the value of rubber exports by more than threefold, a government spokeswoman said on Wednesday.
The International Tripartite Rubber Council (ITRC) is planning another exports control to stabilise rubber prices, a Reuters report said. The council includes Thailand, Indonesia and Malaysia.
The ITRC said 2019 rubber production was expected to fall by 800,000 tonnes due to an outbreak of the Pestalotiopsis fungal disease, erratic weather conditions and sluggish tapping activities after a prolonged spell of low prices.
Singapore — Natural rubber company Corrie MacColl, a subsidiary of global NR supply chain manager Halcyon Agri, has joined forces with local and international NGOs to strengthen rubber production across its plantations in Cameroon.
Two prominent NGOs, Mighty Earth and the Community Forests Platform, have joined the Cameroon Sustainability Council initiated by Corrie MacColl after a long-running consultation, Corrie MacColl said in a 21 Nov news release.
Kuala Lumpur – The world production of natural rubber (NR) fell 7.3% year-on-year to 7.039 million tonnes during the first seven months of 2019, according to the preliminary estimates published by the Association of Natural Rubber Producing Countries (ANRPC).
Total product was hit by the outbreak of Pestalotiopsis leaf disease in the rubber producing states, with Indonesia estimating a 15% decline in annual output.
PUNE, India, Nov. 11, 2019 /PRNewswire/ — The global Rubber Market is anticipated to gain impetus from a rise in the demand from tire and non-tire automotive parts sector. This information is published in a report by Fortune Business Insights, titled, “Rubber Market Size, Share &…
The outlook is not very optimistic for rubber producing and consuming sectors according to Sawar Dhanania, Chairman of the Rubber Board. He was delivering the presidential address at the 179th meeting of the Rubber Board, in Kottayam. The economy world-wide is passing through difficult times and the economic horizon is overcast with uncertainty adversely affecting […]