MELBOURNE (Reuters) - Oil prices rose slightly in early trade on Thursday after data showed U.S. crude stockpiles fell last week, adding to 2% gains overnight, as OPEC and its allies were seen fully complying in September with their pact to curb output.
SINGAPORE (Reuters) - The dollar and yen drew support on Thursday as rising coronavirus cases and scant progress towards a U.S. stimulus deal unsettled investors, while the Australian dollar hit a one-week low after the central bank chief hinted at easing to come.
The Association of Natural Rubber Producing Countries (ANRPC) is happy to releases the Natural Rubber Trends & Statistics, September 2020.
The world production of natural rubber (NR) fell 8.7%, year-over-year, during Jan-Aug 2020 to 7.778 million tonnes. Accounting a 3.8% fall anticipated in the remaining four months of the year, the total production during the full year 2020 is anticipated at 12.901 million tonnes reflecting a 6.8% fall from the previous year. This revised outlook of the world supply in 2020 is 1.9 percentage points lower than the outlook reported a month ago which was 13.149 million tonnes by representing a 4.9% fall.
NEW YORK/SYDNEY (Reuters) - Asian equities slipped on Wednesday as halted COVID-19 vaccine trials and an impasse in U.S. fiscal aid package talks soured risk appetite, while the greenback held on to gains as demand firmed for safe-harbour assets.
SINGAPORE (Reuters) - Oil prices were steady on Wednesday on concerns that fuel demand will continue to falter as rising coronavirus cases across Europe and in the United States, the world’s biggest oil consumer, could impede economic growth.
TOKYO (Reuters) - The U.S. dollar held on to gains against most currencies on Wednesday as renewed questions about a coronavirus vaccine and lack of an agreement on additional U.S. fiscal stimulus prompted a shift to safer assets.
