Good tidings in NR market: How long?

By A Saj Mathews The upward trend in natural rubber prices since the beginning of the New Year is continuing in the NR market across the globe. Natural rubber prices in India has touched the Rs 157 a kg mark of late, a two-and-a-half-year high. This is on account of...

Drop in auto sales, corporate income hits tyre stocks

Falling auto sales and negative quarterly incomes impacted stocks of tyre companies despite a revival in Indian equity markets. During the period of December 9, 2016 to February 14, 2017, most tyres companies’ stocks reported a negative growth, ranging from 1% to 13%....

Global Rubber market: What’s in store for 2017?

By Jom Jacob Besides a favourable demand-supply fundamental, natural rubber market during 2017 is expected to gain from anticipated trends in crude oil market and improvement in commodity prices. However, possibility of rubber prices taking a substantial jump in 2017...

SLIGHT BREATHER IN NR MARKET

By A.Saj Mathews There are signs of a slight breather in the ailing natural rubber market thanks to a revival in the Chinese demand, upward trend in crude oil price, appreciation of US dollar etc. Meanwhile, in the Indian context, demonetisation policy of the...

NR prices rebounds amid Thai floods

  Natural rubber (NR) prices in India jumped to a two-and-a-half-year high last weekend on limited supplies and tracking gains in overseas markets due to supply disruptions in top producer Thailand, according to reports. In the last weekend the spot price of the...

Demonitisation impacts stocks of tyre majors

Demonitisation of high-value currency notes by India Government, repo rate cut by Reserve Bank of India, US Presidential election results, unimpressive corporate results etc dampened the sentiments on the bourses The demonetisation has made an impact on the bourses...