India revises rubber licence fee

The government of India has revised the fees charged for special licences issued to rubber manufacturers, dealers and processors. The new rates are applicable from January 9, 2018. “The revised rate for issuing licenses per year or part of a year to rubber...

Positive trends help tyre stocks recover

By Sharad P Matade: After seeing a decline in September 2017, stocks of most Indian tyre companies made gains in October in tandem with record high levels on the bourses triggered by a buying spree by FIIs and Mutual Fund houses, encouraging government announcements...

Indonesia to rejuvenate smallholder plantation

The Indonesian government has prepared a scheme for rejuvenation of smallholder rubber plantation and promotion of farmers` welfare. The government has prepared standard operational procedures (SOP) for implementation of the programme. The programme would be supported...

TYRE STOCKS DIP DESPITESURGE ON BOURSES

By Sharad P Matade: Despite surge on the bourses, stocks of most Indian tyre companies reported 3-15% fall during the June 27 – September 1, 2017 period due to steep decline in profits, higher expenses, pre-GST destocking by traders etc. Miserable April-June...