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Thailand Plans Aid to Rubber Farmers as Prices Fall

Wall Street Journal - 10/16/2014 10:21:50 AM
rubber industry data showed. The issue of intervention to protect commodity prices is sensitive in Thailand, with a now-defunct rice subsidy program having contributed to the ouster of the previous government in May. State-run Bank of Agriculture and ...

Kerala raises support price of Rubber, farmers ask for more

Commodity Online - 10/16/2014 5:35:31 AM
KOCHI, INDIA(Commodity Online): The Kerala government's move to raise the procurement prices of Rubber to Rs 5 per kg from Rs 2 per kg has not made the farmers enthusiastic as they demand at least Rs150 per kg to cover the cost of production. Rubber prices ...

Thai rubber farmers wheeze as prices slump

Yahoo7 Finance - 10/20/2014 12:58:45 AM
As rubber prices slump, hard-up farmers in Thailand -- the world's top producer of the commodity -- are appealing for a bailout, testing the junta's resolve to end populist policies and an entrenched subsidy culture. The global price for a one kilogram ...

Commodities Buzz: Kerala Govt. Hikes Support Price Of Rubber By Rs 5

India Infoline Ltd - 10/16/2014 5:28:21 AM
In a move aimed at supporting the crisis-ridden rubber farmers in the state, the Cabinet on Wednesday decided to increase the support price of rubber by Rs 5. With this, the government will now procure rubber from farmers by providing Rs 5 more than the ...

Farmers in distress as rubber prices languish at 5-year low

Economic Times - 10/16/2014 2:43:43 AM
KOCHI: With prices of rubber hovering at a five-year low of Rs 121-Rs 122 per kg, production of the commodity in the country plunged for the second consecutive month in September. The Kerala government's announcement to procure rubber at Rs 5 per kg more ...

Uggah: Glut in rubber market brings down commodity price

BORNEO POST online - 10/9/2014 4:42:22 PM
The glut in the world rubber market which was estimated to reach 600 million metric tons in 2012 has resulted in the drop in the commodity price and the effects are still felt until today. The Minister of Plantation Industry and Commodities, Datuk Seri ...

Low crude oil and other commodity prices globally to bring respite to Narendra Modi government

The Economic Times - 10/18/2014 6:44:43 AM
Global commodities have tumbled in recent months ... All this is now reversing. Petrol prices are at a 16-month low, cooking oil and rubber are at a five-year low. Sugar and cotton are also down. This augurs well for a lower rate of inflation.

M'sia to prop up rubber prices

Malaysian Reserve - 10/20/2014 7:53:56 AM
Plantation Industries and Commodities Minister Datuk Amar Douglas Uggah Embas said Malaysia will inject subsidies directly for producers if the price of rubber falls below its threshold of RM4.60 per kg from Jan 1, 2015. “The RPI will be activated if the ...

Top Rubber Trade Groups Pledge to Boost Prices From 2009 Low

Bloomberg - 10/13/2014 9:06:39 AM
Rubber prices from Tokyo to Thailand and Singapore slumped to their ... Still, people are waiting for actual action from them,” he said by phone today. Futures on the Tokyo Commodity Exchange tumbled to 173.8 yen a kilogram ($1,621 a ton) on Oct. 3 ...

RUBBER-Tokyo futures prices after evening session

Yahoo Finance - 10/17/2014 3:28:28 PM
The Tokyo Commodity Exchange launched a new trading platform on May 7 and added a night session between 0800 GMT and 1400 GMT. For rubber, the evening session is 0800-1000 GMT. * For previous rubber reports, click on For morning and afternoon prices at ...

Top rubber traders pledge to boost prices, after price slumps to 5-year low

The Star Online - 10/13/2014 11:32:49 PM
KUALA LUMPUR: Rubber groups from the world’s top producing countries will refrain from selling below current prices and take steps to shore up rates from five-year lows as demand weakens for the commodity used in tires. A meeting of industry officials ...

Glut In Rubber Market Brings Down Price Of The Commodity - Douglas Unggah

Bernama - 10/9/2014 8:49:56 AM
KUALA LUMPUR, Oct 9 (Bernama) -- The glut in the world rubber market which was estimated to reach 600 million metric tons in 2012 has resulted in the drop in the commodity price and the effects are still felt until today. The Minister of Plantation ...

Spot rubber gains as Kerala raises procurement price

The Hindu Business Line - 10/15/2014 2:19:15 PM
Spot rubber prices improved marginally on Wednesday after the Kerala ... October futures closed at ¥175.3 (₹100.32) on the Tokyo Commodity Exchange. Spot rubber rates (₹/ kg) follow: RSS-4: 123 (122.50); RSS-5: 116 (116); Ungraded: 110 (108); ISNR ...

TOCOM ends steady as Shanghai offsets slump in oil prices

Business Recorder - 10/15/2014 12:03:15 PM
TOKYO: Benchmark Tokyo rubber futures ended steady on Wednesday as an initial rally in the Shanghai contract supported prices that had been weighed down by slumping oil. The Tokyo Commodity Exchange rubber contract for March delivery closed down 0.1 yen at ...