This week, I want to alert you to something from under the radar: there are big changes going on in the retread sector around the world. It’s hard to get numbers on this, but I’m increasingly getting involved in conversations about the impact of imports of low-priced truck tires from China on the global retread
Category: Natural rubber
Where are natural rubber prices headed?
Downward. Natural rubber (NR) is in mid- to long-term structural over-capacity right now, and the situation is made worse by the short- to mid-term turmoil in China’s tire industry. I’m not saying anything new here. The trade has been awash with speculation about how far down the price of rubber can go for the last
Thailand to release 200,000 tons of stockpiled rubber
Thailand’s Agriculture Ministry plans to release 200,000 tons of rubber stock in an effort to prevent oversupply as the new rubber tapping season is approaching. According to Deputy Prime Minister and Agriculture and Cooperatives Minister Yukol Limlaemthong, the ministry is set to unload huge stocks of rubber products, adding that it is better that the