India’s NR production up 23% in 2016-17

Natural rubber (NR) production in India increased by 23 % during the last fiscal (2016-17). This was revealed by A. Ajith Kumar, Chairman and Executive Director, Rubber Board, India, while delivering the presidential address at the 174th meeting of the Rubber Board...

Indian carbon black market forecast to grow 8.78 %

The Indian carbon black market is projected to grow at a CAGR of 8.78% by the end of 2026, according to the latest report from Research and Markets. The report says that expanding manufacturing facilities of tyre manufacturing companies coupled with growing demand for...

Downside Risk for World NR Supply:ANRPC

World supply of natural rubber (NR) is expected to rise by 5.5% to 12.756 million tonnes during 2017, marginally lower than the figure anticipated a month ago. The figure reported in the previous month was 12.771 million tonnes at 5.7% growth. The supply is likely to...

Non-fundamentals cause NR prices to weaken

Fluctuations in currencies and crude oil prices have caused natural rubber (NR) prices across key physical markets to suffer further losses from the last week of May 2017 despite a deficit in world supply, says Association of natural rubber producing countries (ANRPC)...

Improved Economic Outlook Boost NR Market

By A Saj Mathews: The bullish trends seen in the NR market since the beginning of 2017 are likely to continue mainly because of the improved global economic outlook, recovery in Chinese demand and rising oil prices. Meanwhile, the comparative uptrend in international...

Big Gains for Tyre Stocks on Positive Factors

By Sharad Matade: Stocks of most tyre companies witnessed a double-digit growth with the general buoyancy on the bourses caused by impressive performance by the auto industry, a buying spree by Foreign Institutional Investors, positive proposals in the Union Budget,...