It ranks below Thailand and Indonesia, and is followed closely by Malaysia. With hundreds of rubber companies and many technical innovations, Vietnam leads the globe in terms of rubber latex yield with 1.6-1.7 tons per hectare.
TOKYO (Reuters) - The dollar held firm near a 10-day high on Friday boosted by expectations U.S. inflation will pick up, although concerns about an escalation in U.S.-China trade tensions limited the greenback’s gains.
TOKYO (Reuters) - Oil prices edged lower on Friday and were set for a second weekly fall, as the market shrugged off a warning that spare capacity may be stretched as OPEC and Russia increase production.
Natural rubber production rose 0.2 per cent in May 2018 to 35,789 tonnes as compared to 35,726 tonnes in April 2018. For year-on-year, the production decreased by 18.6 per cent.
TOKYO (Reuters) - Brent crude rose more than $1 on Thursday as focus turned to a big drawdown in U.S. stockpiles, recouping some of the market’s heavy losses from the previous session that had been sparked by news that Libya would resume oil exports.
Oil prices fell sharply on Wednesday on news that Libya was suddenly set to restore hundreds of thousands of barrels per day, and the U.S. struck a softer line on Iran sanctions.