by Jom Jacob | Jan 30, 2024 | Uncategorized
The prices of RSS3 at Bangkok FOB, the global benchmark grade of ribbed smoked sheet of natural rubber, soared 20% over the first 30 days of January 2024. RSS prices at Bangkok are poised to scale further up and continue along a rising curve for the next six months,...
by whatnextrubber | Oct 14, 2023 | Market Insights by Jom Jacob, Supply uncertainty looms
Natural rubber (NR) prices soared 10-15% in key Southeast Asian physical and futures markets between end-August and mid-October. Please see the attached table showing the percentage increase for different forms of NR in key markets. Charts of daily futures contract...
by whatnextrubber | Feb 2, 2023 | Uncategorized
India raised its rate of import duty (Customs tax) on Compounded Rubber (HS 400510, 400591 and 400599) bringing parity with that on natural rubber (HS 400121, 400122 and 400129). As per the Union Budget proposals presented to the Parliament on 1 Feb 2023, the new MFN...
by whatnextrubber | Oct 8, 2022 | Market Insights by Jom Jacob
Exports Jan-Aug zoom 10.3% to 3.034 million tons Natural rubber (NR) production this year in the world’s largest producing country, Thailand, is poised to leap 11.7% to 5.4 million tons, according to an estimate based on the exports up August. Thailand which...
by whatnextrubber | Sep 22, 2022 | Market Insights by Jom Jacob
A combination of factors is keeping sentiment down in natural rubber physical markets across Asia. The SICOM TSR20 is often considered as a close reflective of the sentiment in physical markets. The TSR20 contract for Dec 2022 expiration was traded 0.1% lower at...
