News and Updates
What’s the latest in
World Rubber Industry
Rubber gains on new hopes as China braces for 20th Party Congress
SHFE (Jan 2023): Closed at 13,135 yuan (+180 yuan, or 1.3%) SICOM TSR20 (Dec 2022): Closed at US$132.4 (+2.0 dollar, or 1.5%) JPX OSK RSS3 (Feb 2023): Settled at 227.5 yen (+3.6 yen or 1.6%) Despite the concern over an extremely aggressive policy tightening and rate...
Rubber Futures Manifest Fed’s Jumbo Rate Hike Concern
*SHFE Jan 2023: Closed 0.7% down *SICOM TSR20 Dec 2021: Down 0.5% at 3.07 PM Natural rubber futures contracts (Jan 2023 expiration) closed today's (Sep 19, Monday) daytime trading on the Shanghai Futures Exchange at 12,885 yuan (Down 100 yuan or 0.7%) and the prices...
Easing COVID lockdowns in China bring hopes, but …..
China’s full lifting of COVID lockdowns is one of the prerequisites for a major recovery in natural rubber prices. Bringing hopes of the same, the Chengdu City of China lifted the COVID-19 lockdowns yesterday (Sept 15), subject to continuation of movement...
India’s Hue and Cry against Compound Rubber: Here are five Facts
WhatNext Rubber Media International Came across a few media reports over the past few days, by quoting Kerala based politicians (India), that the current downswing in natural rubber (NR) prices in India is driven by huge imports of compound rubber from countries such...
WhatNext Rubber Media International begins Market
Intelligence Services
WhatNext Rubber Media International has begun today its intelligence services for the global natural rubber market. WhatNext brings out insights on natural rubber markets world over in the form of intelligence reports. These reports are available on a daily, weekly...
Why are rubber prices falling? Is a U-turn possible in short term?
Natural rubber prices dropped in the range of 7 to 15% during August across different grades and markets. In the Bangkok FOB market, the prices, in the dollar terms, fell by 7.1% for TSR20, 8.7% for RSS3 and 7.4% for latex60%. Block rubber is the dominant form of...
India’s natural rubber imports from Vietnam and Ivory Coast zoom
India’s imports of natural rubber (NR) during the first half of 2022 reveal the country’s increasing preference to NR from Vietnam and Ivory Coast. During the first half of 2022, India’s imports from Vietnam jumped 49.3%, year-on-year, to 61,350 tonnes and the imports...
Are Natural Rubber Prices Likely to Recover in Short-Term?
Natural rubber (NR) prices have been on a sharp decline from the beginning of August 2022. In physical market, the global benchmark grade TSR20 lost 3.9% over the first three weeks of the month, both in Bangkok and Kuala Lumpur. Latex and RSS suffered more severe...
Why Natural Rubber Prices are Not Rebounding?
"Why natural rubber prices are not rebounding?" I have been repeatedly asked this question these days. Here are my perceptions: Speculative traders in rubber futures markets are largely staying away due to the negative sentiment caused by a number of factors. The...