Malaysia’s natural rubber (NR) production increased by 0.6 per cent to 32,944 tonnes in October 2023 from 32,757 tonnes in September 2023, said the Department of Statistics Malaysia (DoSM).

Japanese rubber futures snapped a five-day losing streak and rose slightly on Wednesday, buoyed by positive economic data from China and Japan.

Despite increased buying interest in rubber glove stocks following the recent spike in Covid-19 cases and an upsurge in respiratory illnesses in China, Malaysia’s rubber glove producers will still be in the doldrums until 2025.

The use of cup lump rubber in road pavements will be expanded, the Dewan Negara was told today

Vietnam raked in US$2.51 billion from the export of 1.87 million tonnes of rubber during the 11-month period of this year, down 0.2% in volume and 14.9% in value compared to the same period from last year, according to the General Statistics Office (GSO).

Oil prices fell nearly 4% on Wednesday to their lowest settlements since June, as worries about global fuel demand mounted after U.S. data showed a larger-than-expected rise in gasoline inventories.

PALM oil, known for its versatility, serves as a widely consumed vegetable oil worldwide, is an important ingredient in the food industry. It is mainly used as a cooking oil and also in various food applications, including margarines, spreads, confectionary fats, ice cream, pizza, doughnuts, chocolate, and emulsifiers.

 Japanese rubber futures extended losses for a fourth session on Monday, hitting their lowest in over seven weeks on weak demand. The Osaka Exchange (OSE) rubber contract for May delivery closed down 9 yuan, or 3.5%, at 247.7 yen per kg, its lowest since Oct. 12.