KUALA LUMPUR: The Malaysian rubber products industry expects highest annual trade surplus in 2019 on the back of global economic slowdown. Based on statistics from January to November last year, the industry recorded a trade surplus of RM14.3 billion.
KUALA LUMPUR (Feb 10): The growth of rubber products exports is expected to return to positive in 2020, contributed mainly by the increase in capacity and production of major glove players, as well as new investments in the dry rubber sector, specifically tyres, automotive parts and industrial goods, according to the Malaysian Rubber Export Promotion Council (MREPC).
TOKYO -- Natural rubber prices are fluctuating wildly as the deadly outbreak of the new coronavirus that causes pneumonia spreads, especially in its epicenter Wuhan and elsewhere in China.
Malaysia's natural rubber production increased by 6.2 per cent in December 2019 to 58,437 tonnes as compared to the same month in the previous year. Comparison month on month also showed an increase of 10.2 per cent from 53,019 tonnes in November 2019.
SINGAPORE (Reuters) - Oil prices on Monday extended their decline from an early January peak above $70 as the specter of excess supplies loomed over the market after the spreading coronavirus outbreak hit demand in China, the world’s largest oil importer.
SYDNEY (Reuters) - Stocks and oil fell while safe-haven gold rose on Monday as the death toll from a coronavirus outbreak surpassed the SARS epidemic, raising alarm bells about its severity.