Gold prices eased off multi-week highs on Thursday as minutes from the Federal Reserves’s last policy meeting raised expectations for a faster pace of U.S. rate hikes.
TOKYO (April 11): Benchmark Tokyo rubber futures snapped three straight sessions of gains to close lower on Wednesday after hitting a more than one-week high earlier in the session, as the market came under pressure from weaker Shanghai futures.
The global demand of natural rubber (NR) grew 7.6% from 3.123 million tonnes during Q1 2017 to 3.361 million tonnes during Q1 2018.
KUALA LUMPUR: Malaysian Rubber Glove Manufacturers Association (Margma) is hopeful of achieving more than 10 per cent export growth to RM18 billion this year, as global demand surpasses supply.
KOCHI : Indian natural rubber production is likely to be 1 lakh tonnes short of the Rubber Board projected figure of 8 lakh tonnes for 2017-18 even as the consumption is set to reach a new peak.
Gold prices ticked up in early Asian trade on Tuesday as the dollar and Asian stocks slipped, while concerns about the prospect of an escalation in the China-U.S. trade spat and reports of a poison gas attack in Syria offered support as well.