Market News
Rubber: Japan futures steady
Jun 30, 2022
Japanese rubber futures steadied on Wednesday, as a softer yen and upbeat domestic retail sales offset weaker Tokyo equities and concerns over the auto sector.
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Seng Fong's IPO oversubscribed by three times
Jun 30, 2022
Seng Fong Holdings Bhd's initial public offering (IPO) was oversubscribed by more than three times.
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Vietnam sees 2022 growth beating goal as recovery powers on
Jun 30, 2022
Vietnam’s economy looks on course to surpassing its 2022 growth goal, as a better-than-expected second-quarter performance pointed to a broad-based recovery in the Southeast Asian export powerhouse.
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Oil rises as stockpiles at biggest US hub fall to 2014 low
Jun 30, 2022
Oil rallied for a fourth day as a government report showed US stockpiles dropped last week, exacerbating global supply concerns with shipments from Libyan ports suspended.
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Businesses may increase costs if PPI inflation remains high
Jun 30, 2022
MALAYSIA’S producer prices rose slightly faster at 11.2% year-on-year (YoY) in May 2022 from 11% YoY in the previous month as local suppliers continued to face challenges from rising cost pressures, said MIDF Research.
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Malaysia's producer price index rises 11.2 pct in May
Jun 30, 2022
Malaysia's producer price index (PPI), which measures the prices of goods at factory gate, rose 11.2 percent year-on-year in May on higher commodity prices, official data showed on Tuesday.
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India Rubber: Flat in Kerala; near-term outlook firm on supply woes
Jun 30, 2022
Prices of natural rubber in the key markets of Kerala remained largely unchanged today. However, the near-term outlook remains firm due to concerns over supply amid a likely rise in the domestic demand, experts said.
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Japan futures steady as China recovery hopes offset lower raw material prices Reuters 29 Jun, 2022
Jun 29, 2022
Japanese rubber futures steadied on Tuesday, as weakness in Thai raw material prices was offset by a softer yen and China demand recovery hopes as the country continued to relax its COVID-19 curbs.
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India Rubber: Steady in Kerala; prices seen rising next week
Jun 29, 2022
Prices of natural rubber remained largely unchanged in the key markets of Kerala today, and are likely to remain steady or slightly higher over the next four-five sessions due to supply concerns and firm demand, experts said.
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Higher vegetable oil output to push CPO prices down, says Fitch
Jun 29, 2022
Fitch Ratings expects higher global vegetable oil output to drive a decline in crude palm oil (CPO) prices.
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