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Proposals to ensure sustainability, competitive edge of industry
BANGKOK (The Nation/ANN): The prices of latex and rubber products have plummeted following the announcement of a lockdown in Europe to prevent Covid-19 from spreading, Thai Latex Association president Chaiphot Reungwarunwattana said.
PETALING JAYA: The Malaysian rubber market rebounded from Wednesday’s losses to close firmer yesterday after the International Tripartite Rubber Council (ITRC) forecast a decrease in natural rubber production for the rest of this year and into early 2021.
KUALA LUMPUR: The Plantation Industries and Commodities Ministry (MPIC) expects additional exports of 300,000 tonnes of processed palm oil to Greece and Balkan markets through Turkey.
Eastern Thai province to become rubber trading centre for Eastern Economic Corridor manufacturing industry
BANGKOK, July 27 (Xinhua): Rayong province in eastern Thailand will be turned into a rubber trading center for manufacturing industry under the Eastern Economic Corridor (EEC) project, a top executive official said on Monday.
KUALA LUMPUR:The global rubber demand is expected to return to positive growth in June 2020 with the expectations of natural rubber consumption growing 0.4 per cent after declining in April (-23.1 per cent) and May 2020 (-10.1 per cent).
HANOI: There is a rising wave of converting rubber plantations into industrial land in VIetnam as developers eye spots for industrial zones to capture opportunities from global value chains. The government experts said that converting plantations into industrial land could be the answer for rubber companies facing falling rubber prices.
KUALA LUMPUR: There remain positive catalysts for the rubber glove sector even as sustained demand for rubber gloves continues to exceed expectations, says Affin Hwang Capital research.
THE commodity-related industries in Malaysia are grappling with the coronavirus (Covid-19) turmoil that has led to the current depressed prices and gloomy export outlook in the coming months.
Malaysian rubber scientists’ innovative rubber coagulation process scores a world’s first in road construction while helping rubber smallholders.