VINACHEM

Indonesia the second largest rubber producer in the world, has invited the Indian rubberindustry to invest inIndonesia and benefit from ample NR resources.

AFP – World oil prices were higher in Asian trade Monday on expectations of stimulus measures to boost economic growth in the United States, China and Europe, analysts said.

Part of the reason for the Asian
rise, despite reduced production in ABS and polybutadiene, has been the
continued strength of natural rubber, which in turn affects its
synthetic counterparts. This has led to either resistance or acceptance
of butadiene feedstock prices when they rise or fall.

Copper for immediate delivery in China has been more expensive than the metal for future delivery
since May 9, and this price structure may persist as imports
into the world’s largest user slumped.