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Ingenious use of derivatives, plastic companies "do not chaos in danger"
Time of Update: 2022-01-11
, a subsidiary of Hainan Rubber, said that through rich and highly adaptable derivative tools, companies can hedge price risks, build a sound structured profit model, and achieve cost reduction and efficiency improvement.
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General Administration of Customs: In September 2021, China's rubber imports fell 29% year-on-year to 615,000 tons
Time of Update: 2022-01-11
According to data released by the General Administration of Customs of China on October 13, China imported 615,000 tons of natural and synthetic rubber (including latex) in September 2021, a 29% decrease from 866,000 tons in the same period in 2020 .
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Thailand's exports slowed slightly in August due to the closure of some factories
Time of Update: 2022-01-11
The total export volume from January to August increased by 15.
The import trade volume in August was 23,191,890,000 US dollars, an increase of 47.
0%, 6 consecutive months of growth; cassava products increased 48.
4%, 10 consecutive months of growth; rice increased 25.
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Thailand's Ministry of Agricultural Cooperatives proposes a new strategy to boost Thailand's rubber industry
Time of Update: 2022-01-11
He said that we are transforming the rubber industry to meet market demand during the Covid-19 crisis and to generate income for 1.
Due to the Covid-19 crisis, the demand for medical rubber products such as gloves is increasing .
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ANRPC: Natural rubber demand will depend on the relief of tight electricity supply
Time of Update: 2022-01-11
267 million tons of natural rubber in the fourth quarter, and total imports this year are expected to be 4.
. ANRPC stated in the report that the rebound in natural rubber demand and the relaxation of control measures related to the epidemic in Japan may partly offset the impact of the tight power supply .
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Vietnam's natural rubber and mixed rubber exports in the first three quarters of 2021 both increase year-on-year
Time of Update: 2022-01-11
From January to September, Vietnam exported a total of 781,000 tons of mixed rubber, an increase of 11% from the previous year's 703 thousand tons .
From January to September, Vietnam’s exports of mixed rubber to China totaled 769,000 tons, an 11.
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One of the Global Foaming Technology Exhibition (FOAM EXPO)-FOAM EXPO China will be located in Shenzhen, will be held in 202...
Time of Update: 2022-01-10
2021 FOAM EXPO Europe exhibition site (Stuttgart, Germany) Who will visit FOAM EXPO China International Foaming Technology (Shenzhen) Exhibition will also attract professionals including the following from the foaming technology application field to visit and purchase at the exhibition: ✦ Aerospace ✦ Car ✦ Cold chain logistics ✦ Architecture ✦ Medical ✦ Packaging ✦ Sports and leisure ✦ Furniture/home appliances, etc.
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Vietnam's total exports of natural rubber and mixed rubber in the first ten months of 2021 increase by 15% year-on-year
Time of Update: 2022-01-10
From January to October, Vietnam’s natural rubber exports to China totaled 92,000 tons, a 41% decrease from last year’s 157,000 tons .
From January to October, Vietnam’s exports of mixed rubber to China totaled 894,000 tons, an increase of 7.
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Thailand's natural rubber exports in the first three quarters of 2021 increased by 29% year-on-year, while mixed rubber fell by 29%
Time of Update: 2022-01-10
From January to September, exports of natural rubber to China totaled 862,000 tons, a year-on-year increase of 29% .
351 million tons, a year-on-year increase of 6%; the total exports to China were 1.
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Northeast India will become the country's rubber production center
Time of Update: 2022-01-10
He said that the northeastern region of India is planning to plant 200,000 hectares of rubber forests in the next five years, which means that the region will soon become India's domestic rubber production center .
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Thailand plans to reopen its borders to ease labor shortages
Time of Update: 2022-01-10
According to a foreign media report on November 9, a government official in the country said on Tuesday that Thailand plans to reopen its borders to workers from neighboring Myanmar, Cambodia and Laos to ease labor shortages, which are hurting its exports and dependence on tourism.
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Hainan Rubber's third quarter revenue and profit both fell
Time of Update: 2022-01-10
828 billion yuan in the third quarter of 2021, a year-on-year decrease of 6.
79%; net profit attributable to shareholders of listed companies was 51.
9923 million yuan, a year-on-year decrease of 54.
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The Malaysian Rubber Production Grant (IPG) has not yet been activated in November
Time of Update: 2022-01-10
As the average farm delivery price of Cupjiao in Sabah, Sarawak and Peninsular is higher than the standard price, no compensation will be given .
In November 2021, the average farm delivery price of cup glue (50% dry glue content) in Peninsular, Sabah and Sarawak was 2.
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Côte d'Ivoire natural rubber exports increase 5.5% year-on-year in the first 10 months of 2021
Time of Update: 2022-01-10
The latest data show that the export volume of natural rubber from Côte d’Ivoire in October was 105,082 tons, down 16.
In the first 10 months, the country’s natural rubber exports totaled 934,919 tons, an increase of 5.
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Hankook Tire’s third-quarter revenue and profit fell
Time of Update: 2022-01-10
In major markets such as South Korea, China, Europe, and North America, sales of high-inch tires all increased year-on-year .
Among them, sales of high-inch tires in China increased by 9.
8% year-on-year, and sales of high-inch tires in Europe increased by 3.
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Floods will not have a major impact on Malaysian rubber
Time of Update: 2022-01-10
According to news from Malaysia on December 20, the country’s Minister of Plantation and Commodities, Zuraida Kamaruddin, said that appropriate assistance will be provided to smallholder farmers in several states affected by floods in the country .
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Latex prices rise, Vietnamese rubber companies benefit
Time of Update: 2022-01-10
In the first 10 months, the average export price of many rubber products hit US$1,680 per ton, an increase of 4.
ACBS stated that although Vietnam is the world's fourth largest rubber exporter, the country is still under pressure to meet global natural rubber product quality standards .
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Rubber Authority of India: Need to increase the country's rubber production to reduce the scale of imports
Time of Update: 2022-01-10
According to a report by Indian media on October 26, KN Raghavan, executive director of the Indian Rubber Board, said that the gap between the country's natural rubber production and consumption should be narrowed in order to reduce the scale of imports .
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Malaysia plans to build 2,000 crepe film processing plants to help small farmers earn higher income
Time of Update: 2022-01-10
According to news from Malaysia on December 1, the Malaysian government plans to establish 2,000 crepe film processing plants across the country to enable the country's total of approximately 459,000 small rubber farmers to obtain higher income .
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Malaysia intends to increase scrap rubber prices to prevent smallholder farmers from switching to other crops
Time of Update: 2022-01-10
He said that if no action is taken, small rubber farmers will switch to other crops with higher prices, especially oil palm, which will result in the loss of rubber commodity producers in the country .