Japanese rubber futures rose on Wednesday after a brief dip in the previous session, buoyed by a soft yen and a rise in crude prices, although weak manufacturing data in both Japan and China limited gains.

Myanmar exported 76,594 tons of rubber in the first five months of the 2023-2024 fiscal year, the Global New Light of Myanmar reported on Tuesday, citing the country's Ministry of Commerce.

(VAN) In spite of numerous difficulties and challenges, VRG will persevere and strive to develop sustainably, contributing to the Vietnam's growth.

Ex-Malaysian Rubber Glove Manufacturers Association chief Denis Low says the government should allocate more agricultural land for rubber tree cultivation.

Japanese rubber futures fell for the fourth consecutive session on Tuesday, weighed down by recovering supply in Thailand and poor economic data in China, though losses were capped by a weak yen. The Osaka Exchange (OSE) rubber contract for April delivery was down 1.1 yen, or 0.4%, at 255.2 yen ($1.70) per kg at closing.

Japanese rubber futures hit a one-week closing low on Monday, falling for a third consecutive session, weighed down by weak Chinese demand and declining crude futures. The Osaka Exchange (OSE) rubber contract for April delivery closed 0.97% lower at 256.3 yen ($1.71) per kg, its lowest closing since Oct. 23. The rubber contract on the Shanghai futures exchange (SHFE) for January delivery was down 310 yuan, or 2.14%, at 14,205 yuan ($1,941.10) per metric ton.

Japanese rubber futures fell on Friday as the yen languished slightly above the threshold of 150 to the US dollar, though firmer crude prices limited losses.

More land needs to be allocated towards the cultivation of rubber trees, according to Denis Low, the former president of the Malaysian Rubber Glove Manufacturers Association (Margma). He further said the government should implement strategic measures aimed at rejuvenating the country’s rubber industry