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LAUNCESTON, Australia: Pop quiz. Of the major commodities where China is the world's biggest buyer, which has seen the largest increase in imports so far this year? The answer is rubber, both natural and synthetic.
ON the surface, it looks like tough times for rubber glove makers — with raw material costs escalating and a weaker US dollar against the ringgit potentially eating into revenue.
KUALA LUMPUR: Rubber prices may improve slightly next year on an increase in demand for tyres from Japan, the United States and Europe.
TEMERLOH: The government will introduce several short and long term measures to help out some 490,000 rubber small holders who are affected by the fall of rubber prices and the on-going dry spell.
SINGAPORE: The International Rubber Consortium (IRCo), which represents rubber producers of Thailand, Indonesia and Malaysia, has recommended its members should not sell natural rubber at the current low prices.
THE rubber glove sector is not an easy one to figure out for investors.
PETALING JAYA: Rubber glove prices may rise by as much as 9% to 12% within the next few days, mainly due to the after effects of Hurricane Irma. According to the Malaysian Rubber Glove Manufacturers Association (Margma), the devastation has caused the prices of butadiene, an important material in the production of nitrile latex, to soar as its production has been severely affected