KUALA LUMPUR — The Malaysian rubber market is likely to be stable next week on on expectations of steady demand for the commodity in the coming months, said a dealer.

NEW YORK: Oil prices held steady on Thursday, remaining close to highs last reached in late 2014 on tensions over Syria and shrinking global oil inventories.

The Rubber Board and the stakeholder associations in rubber and related sectors are jointly organizing India Rubber Meet 2018 (IRM 2018), the fourth edition in the series in Kochi on 30 and 31 August 2018.

With neighbouring nations supplying the internal rubber market regularly again, some industry insiders in Cambodia say the pledge made by Thailand, Indonesia and Malaysia in December to withhold exports has done little to alleviate rubber price woes in the kingdom.

TOKYO (April 12): Benchmark Tokyo rubber futures ended higher on Thursday buoyed by firm oil prices, however, gains were curbed by sluggish Shanghai futures and on concerns over high inventories.

The Economic Times reports Indian natural rubber production is likely to be 1 lakh metric tons short of the Rubber Board projected figure of 8 lakh metric tons for 2017-18, even as the consumption is set to reach a new peak. For 11 months to February 2018, the production clocked 6.49 lakh metric tons, just 2 percent higher from a year earlier.