by whatnextrubber | Feb 3, 2024 | News Analysis by Jom Jacob
Experts seek policy intervention to ban cup-lump exports Block rubber or TSR processing factories in Liberia are increasingly challenged by a widening shortage of cup-lump in the country. With the recent opening of greenfield factories and capacity addition in the...
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 | Nov 26, 2023 | Market Insights by Jom Jacob, Price outlook
Natural rubber (NR) market foresees a potential tight supply emerging globally by the end of the first quarter of 2024. The trends up to October point to a massive fall in production in major producing countries for the full year 2023. The production in Thailand, the...
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...
