KUALA LUMPUR: Malaysian Rubber Glove Manufacturers Association (Margma) is hopeful of achieving more than 10 per cent export growth to RM18 billion this year, as global demand surpasses supply.
KOCHI : Indian natural rubber production is likely to be 1 lakh tonnes short of the Rubber Board projected figure of 8 lakh tonnes for 2017-18 even as the consumption is set to reach a new peak.
Gold prices ticked up in early Asian trade on Tuesday as the dollar and Asian stocks slipped, while concerns about the prospect of an escalation in the China-U.S. trade spat and reports of a poison gas attack in Syria offered support as well.
Benchmark Tokyo rubber futures snapped a four-day losing streak on Friday on bargain-hunting, but posted a fall for the week amid concerns over rising stockpiles despite the start of a seasonal decline in production due to wintering.
Benchmark Tokyo rubber futures slipped on Thursday, extending losses into a fourth straight day, as lingering worries over rising stock in Tokyo weighed on sentiment despite easing concerns over US-China trade spat.
Gold prices rose on Friday as investors sought safer assets after U.S. President Donald Trump proposed $100 billion in new tariffs on China, raising concerns about an escalating trade spat between the United States and China.
