TOKYO (Reuters) - The dollar slipped to a 16-month low against the yen on Monday, pressured by lingering fears of a global trade war and a political crisis that has engulfed Japanese Prime Minister Shinzo Abe.
The Association of Natural Rubber Producing Countries (ANRPC) releases the Natural Rubber Trends & Statistics, February 2018.
WASHINGTON—In May 2017, General Motors Co. unveiled a program to promote environmentally sound, sustainable rubber production.
Representatives of the world's largest tire manufacturers—Bridgestone Americas, Michelin North America Inc., Goodyear and Continental Tire the Americas L.L.C.—appeared with GM officials at the news conference announcing the sustainability program. They pledged their support and collaboration in helping the auto maker develop its plan.
BANGKOK—In the latest of several historical attempts to shore up low natural rubber prices, the three largest NR-producing countries have agreed to cut back rubber exports by 350,000 metric tons in the first three months of 2018.
PETALING JAYA: Malaysia's natural rubber (NR) production rose 14.3% in December 2017 to 67,125 tonnes as compared to November 2017, according to the Department of Statistics.
The "huge story", as Graticule's Adam Levinson called it, will, it appears, be a "wake up call" for the West that seems to happily be ignoring this potential bombshell that is China's looming launch of domestic oil futures trading.