09:07 AM @ 02/12/2010
India, the fourth-biggest producer of natural rubber, may allow imports of as much as 100,000 metric tons at a lower duty to meet surging demand for tires as rising incomes boost car sales, Trade Secretary Rahul Khullar said.SEE MOREHA NOI — Viet Nam's export turnover was estimated to total US$70.8 billion for the entire year, a year-on-year increase of 24 per cent, marking a 16.5 per cent increase on the predicted $60.5 billion, the Ministry of Industry and Trade (MIT) has announced. SEE MORE 09:06 AM @ 02/12/2010
(VEN) - The increasing demand for rubber unceasingly pushed up the price for this product making it reach US$4,100 per tonne in April 2010, the highest price over the past 10 years. Increases in rubber prices are an opportunity for Vietnamese businesses to earn a higher profit from rubber exports.SEE MOREExxonMobil Chemical (NYSE: XOM) is expanding the capacity of its hydrocarbon fluids plant in Antwerp, Belgium. This expansion will focus on high performance Exxsol fluids, including Exxsol D, Pentane and Hexane fluids. The project will increase capacity at the plant by 10 percent and strengthen supply reliability. It is expected to be complete in mid-2011. SEE MORE Coal shipments from Australia’s Newcastle, the world’s biggest export harbor for the power- station fuel, rose 27 percent last week while the queue of vessels waiting to load was unchanged. SEE MORE