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Green8 Senior	10-Sep-2007 00:20        Green8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Palm takes 3-5 years then can harvest. Nowadays fertilizer very expensive. When all farmers start to plant palm demand more than supply then I better buy rubber and sell high.
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chiasb Member	09-Sep-2007 10:03        chiasb About Contact  Quote this Post!
x 0   x 0  Alert Admin	in that case, any shares on palm.....if there is, how is the performance so far?
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Pension Elite	09-Sep-2007 08:55        Pension About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think the rubber tree will be replace by palm in time to come, palm make more money than rubber .
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Nostradamus Supreme	08-Sep-2007 19:33        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Malaysia's NR output is expected to rise 1.3% to 1.3 million tonnes this year as production recovers after a slowdown in the first half of the year. "The decline was mainly due to the wintering season and excessive rainfall, especially in 1Q of the year, which disrupted tapping activity," the government said in an annual economic report on Fri. "Output is expected to increase in the second half the year." Adverse weather conditions across Asia and higher prices of rival synthetic rubber will keep Malaysian Standard Rubber (SMR20) firm at 7 ringgit per kg in '07, according to the report. "Projection of higher demand from the tyre industries of China and India is expected to lend further support to rubber prices." The firm prices will encourage smallholders to increase tapping and replanting activities in the future and lift production, the report said. Malaysia's NR exports declined by 16.3% to 483,542 tonnes in Jan-Jun this year following lower production, the government said. China was the biggest importer followed by Germany, the United States and France. Malaysia is the world's third largest exporter of NR after Thailand and Indonesia, accounting for 11% of the world market.
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Nostradamus Supreme	07-Sep-2007 22:34        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rubber futures on TOCOM closed moderately higher Fri, losing part of the early gains.The benchmark, most distant Feb '08 contract finished at 251 yen per kg, up 1 yen.
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Nostradamus Supreme	06-Sep-2007 23:18        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	NR futures in Tokyo were little changed after Japan's yen erased gains against the dollar. "Rubber futures were affected by the movements of the currency market, as cash rubber prices stayed unchanged," said Takaki Shigemoto, an analyst at commodity broker Okachi & Co. in Tokyo, by phone today. Rubber for Feb delivery on TOCOM fell as much as 0.8% to 248.5 yen a kg before closing at 250 yen a kg. In the physical market, rubber prices were mostly unchanged as limited supply and strong demand offset falls in TOCOM. Rain had stopped in some parts of Thailand but physical prices were likely to remain firm due to limited latex supply and strong demand, traders said. "Raw material prices are still high because latex exporters and rubber sheet exporters are competing on buying, while supply is not that much," one said. Supply was also improving in Indonesia and Malaysia, but prices remained buoyant as traders built up stocks to prepare for the long Hari Raya festive next month marking the end of Ramandan, traders said.
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zhuge_liang Supreme	06-Sep-2007 12:35        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	GMG looks like bottomed at $0.09. China is looking for rubber for prompt shipment to replenish stocks, and a rebound in Tokyo futures may also also encourage other consumers to buy more tyre grade before prices rise further. "China is constantly in the market. I guess it was underbought during Aug because they had expected the price to fall further. That's why buyers must come back now to cover," said a dealer in Tokyo. "Also, some people in China are taking cargoes from the exchange in Shanghai because the price is quite cheap," said the dealer, referring to the declines in domestic stocks. Inventories in warehouses monitored by the Shanghai Futures Exchange fell 5% to 68,505 tonnes in the week ended Aug 30 from 72,305 tonnes the week before, indicating a steady use in the commodity used to make tyres, gloves and condoms. The price of tyre-grade has improved in sympathy with gains in Tokyo futures, which set the tone for global physical prices. "We've asked around and China is quite hungry for rubber at the moment. Their stocks are low and we know they have to buy," said a dealer in Thailand's southern city of Hat Yai. "We've got to wait and see whether they are ready to pay up but China is looking for nearby shipment," said the dealer. China, the world's largest rubber consumer, expects to import 1.75 million tonnes of NR in '07 from 1.61 million tonnes in '06 to feed its growing rubber industry, according to China Rubber Industry Association. China mainly buys rubber from the world's 3 main producers, Thailand, Indonesia and Malaysia. Heavy rains persisted in parts of Thailand and Malaysia and helped support prices, while wintering was underway in the southern part of Indonesia's growing island of Sumatra. "China is still looking for Sep shipment but I am not sure if sellers have stocks," said a dealer in Jakarta. "Wintering is underway in Palembang in south Sumatra but I think it's a mild one. I don't hear reports of tight supplies yet," he said.
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Nostradamus Supreme	06-Sep-2007 00:33        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rubber futures on TOCOM came under renewed selling toward the end of the session Wed, giving up part of the gains in early trading. Earlier, futures rose more than 1% as oil prices rose and the yen fell. The benchmark rubber contract on TOCOM for Feb delivery rose 1.9 yen to end the morning session at 250.5 yen per kg. TOCOM rubber was likely to be traded in a narrow band around 250 yen for the time being, but sentiment had improved after the benchmark contract managed to stay above the 14-day MA of 242.4, dealers said. But prices could fall if they broke above 250 yen to challenge a 200-day MA of 260.6, they added. "Prices could rise further, especially if the yen is softer," one dealer said. "But I'm afraid that profit-taking could cap the rises." On the physical front, rubber prices rose slightly, tracking TOCOM, and were expected to remain strong this week with more buyers asking for prompt shipment, traders said. "Not only Chinese buyers, but also some international trading houses wanted to buy for prompt shipment," a Thai trader said. Rain in Malaysia has subsided and supply was improving gradually, but SMR20 prices remained firm as traders had to build up stocks to prepare for the long Hari Raya festival next month marking the end of Ramadan. "We are reluctant to sell as we have to build up our stock for the holiday next month when farmers will take a week off," a Malaysian trader said.
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Nostradamus Supreme	04-Sep-2007 23:01        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rubber futures on TOCOM turned lower after 3 days of rise Tue. The benchmark, most distant Feb '08 contract settled at 248.6 yen per kg, down 2.4 yen from Mon.
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Nostradamus Supreme	03-Sep-2007 23:25        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tokyo rubber futures ended 0.8% higher as firm crude oil prices helped the benchmark contract break beyond the 250 yen psychological level, but the rise was capped by profit taking. The benchmark rubber contract on TOCOM for Feb delivery rose 2.0 yen to settle at 251.0 yen  per kg. It rose as high as 252.8 yen, the highest since Aug 9, before profit taking set in. Oil rose on Friday, ahead of the 3-day Labour Day holiday weekend, as investors kept watch on a gathering storm in the Atlantic Ocean that renewed concern of possible damage to offshore oil rigs. U.S. crude hovered around US$74 per barrel on Mon after settling 68 US cents higher at US$74.04 a barrel on Friday. But rubber futures lacked their own clear fundamentals and tended to be dictated by technical factors and moves in other markets. "Technical sentiment improved after prices broke the key resistance of 250 yen, but it's not easy to break the next level of 260 yen as profit taking could emerge again," a dealer said. Because of the growing role of commodities in diversified portfolios, repercussions are often felt in the TOCOM market when volatility hits other markets, such as stocks and currencies. Asia physical rubber prices rose in line with TOCOM. Trading was expected to be busier, with more buyers coming back to the market after realising a downward trend had ended, traders said. Traders were also keeping track of news on production, as rain persisted on Thailand's Andaman coast and in Malaysia, supporting physical prices, they said. "Output is not growing as much as earlier expected," said Takaki Shigemoto, an analyst at commodity broker Okachi & Co. in Tokyo, by phone. Rubber production in Thailand tends to rise in the 2nd half of the year after the dry season ends.
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Nostradamus Supreme	31-Aug-2007 23:47        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rubber futures on TOCOM gained further ground Friday. The most distant Feb '08 contract closed at 249 yen per kg, up 3.3 yen from Thursday.
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zhuge_liang Supreme	30-Aug-2007 23:50        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tokyo rubber futures rose 1.9% to a 2-week high on Thu as a U.S. stock rally eased concerns about risky investments and helped turned the focus of investors to the commodity's strong fundamentals. The benchmark rubber contract on TOCOM for Feb delivery rose 4.2 yen to end at 245.7 yen per kg. It rose to a session high of 247.1 yen, the highest since Aug 15, as TOCOM prices recovered from Wed's falls due to rises in global stock markets and an easing yen helping improve technical sentiment, dealers said. A rally of oil prices also aided the TOCOM market. U.S. crude rose more than 2 percent on Wednesday following a sharp drop in U.S. crude and gasoline stocks. Market fundamentals were strong as supply was tighter than a year earlier in Thailand after recent rains and because of an expected fall in rubber shipments from Palembang port in South Sumatra, a trader at a Japanese trading firm said. Rain persisted on Thailand's Andaman coast and in Malaysia, resulting in falling supply and pushing rubber prices higher, traders said. Demand was expected to remain firm with China, the world's biggest rubber buyer, replenishing its falling stocks, they said. Rubber stocks in warehouses monitored by the Shanghai Futures Exchange had fallen 2.7% to 72,305 tonnes last Friday, from 74,305 tonnes the week before. A slight rise of Japanese rubber stocks also supported physical rubber prices, traders said. Wed's data from the Rubber Trade Association of Japan showed Japanese crude rubber stocks rose 0.8% to 10,409 tonnes by Aug 20, from a 9-month low of 10,325 tonnes on Aug 10.
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Nostradamus Supreme	29-Aug-2007 21:15        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tokyo rubber futures fell on Wednesday, reversing the previous day's rise, on the back of a strengthening yen and a sell-off in other commodities fuelled by a slide in global stocks. The benchmark rubber contract on TOCOM for Feb fell 3.5 yen to end at 241.5 yen per kg. It fell to a session low of 239.6 yen and nearly broke below the 7-day MA of 239.2 yen. "Technical sentiment looked so bad. TOCOM rubber could fall further as the stronger yen keeps pressure on prices," a Japanese dealer said. The dollar fell further against the yen after sliding >1% on Tuesday as a renewed stock slide on Wall Street prompted more investors to cut back on risky positions, such as carry trades. The dollar was at 114.03/08 yen at 0302 GMT, after dipping to the day's low of 113.86 yen. It hit a 14-month low of 111.60 yen just over a week ago. Because of the growing role of commodities in diversified portfolios, repercussions are often felt in the TOCOM market when volatility hits markets, such as stocks and currencies Physical rubber Prices remained firm due to fresh demand from Chinese buyers asking for prompt shipment and only a few exporters able to fulfil their orders with supply still limited, traders said. Rain subsided in the Gulf of Thailand area, but supply was tight because of rain along the Andaman coast, another key rubber growing area, and in Malaysia, traders said.
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Nostradamus Supreme	29-Aug-2007 00:41        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rubber prices have fallen during the last few months. The Euro is still strong. Rubber futures on TOCOM extended gains Tuesday. The benchmark Jan '08 contract rose 4.1 yen from the previous day to 244.9 yen per kg at the close. The new Feb 2008 contract finished at 245 yen, up from its debut price of 240.7 yen.
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eurostaR Member	28-Aug-2007 01:00        eurostaR About Contact  Quote this Post!
x 0   x 0  Alert Admin	in my opinion, GMG is a good investment at this current time. In past 2 mths, share prices fall almost 35% after they issued a profit warning for extremely bad weather conditions resulting in lower profits. Fact is, the fundamentals are unchanged, plantation is still there... rubber prices are still high. PE = approx. 10 times good for those intending to hold for next 6-12 mths.
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Nostradamus Supreme	28-Aug-2007 00:50        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rubber futures on TOCOM turned upward 1% Mon on gains in oil and precious metals futures. The benchmark, most distant Jan '08 contract settled at 240.8 yen per kg, up 4.6 yen from Fri.
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zhuge_liang Supreme	24-Aug-2007 23:18        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tokyo rubber futures fell 1.2% on Fri due to profit-taking and positioning ahead of the expiry of the spot Aug contract next week. The benchmark rubber contract on TOCOM for Jan delivery fell 2.9 yen to settle at 236.2 yen per kg. TOCOM prices stayed under pressure as investment funds reduced their positions due to weak technical trends and a lack of distinct fundamental buying factors, traders said. The nearby Aug TOCOM contract, due to expire on Mon, was 0.3 yen higher at 235.7 yen. A weaker yen against the dollar and firmer physical rubber prices provided some support to TOCOM rubber. Investors were still reluctant to take large positions in TOCOM futures as the technical outlook stayed bearish.
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Nostradamus Supreme	23-Aug-2007 23:15        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rubber futures on TOCOM bounced back Thursday on the yen's decline against the dollar. The benchmark, most distant Jan '08 contract settled at 239.1 yen per kg, up 3.7 yen from Wednesday, after briefly recovering to above 240 yen.
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Nostradamus Supreme	22-Aug-2007 23:23        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tokyo rubber futures fell 1% on Wednesday, hovering near an 8-month low due to a firmer yen and falling oil prices. The benchmark rubber contract on the TOCOM for Jan delivery fell 2.5 yen, or 1 percent, to end at 235.4 yen per kg. Investment funds were nervous about taking large fresh positions in commodities on worries that problems in global credit markets could spill over into other asset classes. "TOCOM rubber will stay weak. The latest fall in oil prices is providing additional downward pressure on rubber," said Hisaaki Tasaka, a market analyst at Ace Koeki in Tokyo. "Commodities prices are broadly weaker and rubber is no exception as it is bearish both fundamentally and technically," Tasaka said. Buying of physical rubber by China offered support to prices, but traders were not optimistic. "Besides Chinese buying there is not a bullish factor in the physical market as the market is not tight at all," Tasaka said. Physical rubber prices were largely steady in thin trade as bearish sentiment on the TOCOM was countered by monsoon rains disrupting tapping in some producer regions. Some Thai exporters had to lower prices to stop losses, traders said. "TOCOM is getting lower and lower, so physical prices could not stay that high," a trader in southern Thailand said. Supply in Malaysia, the number-three producer, also fell as rainy season, which usually starts in Sep and runs through the end of the year, came earlier than expected, a trader said.
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Nostradamus Supreme	21-Aug-2007 21:40        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rubber Futures in Tokyo declined 0.1% as the yen erased earlier losses, lowering the value of yen-based contracts for the commodity, traded globally in dollars. "Rubber futures declined because of a rise in the yen in the late afternoon," Kazuhiko Saito, chief analyst at Interes Capital Management Co. in Tokyo, said by phone today. Rubber for Jan delivery on TOCOM shed 0.3 yen to close at 237.9 yen per kg. Investment demand for rubber was weak amid concerns that a credit crisis sparked by U.S. home-loan defaults was not over and that global financial markets may fall again, said Shuji Sugata, manager at the research team of Mitsubishi Corp. Futures & Securities Ltd., by phone today. TOCOM's technical sentiment remained bearish, with the benchmark contract below key moving averages. Key TOCOM rubber was about 2% below its nearest key MA, the 7-day average of 242.2 yen. It was also about 8% below the 200-day MA of 259.1 yen. Rubber supply in Thailand rises following the end of the low production season, weighing on rubber prices, Sugata said. Monsoon rains hit Thailand's Andaman coastal areas, one of the main rubber growing areas, causing floods and disrupting tapping. But supply was not expected to fall sharply as there was no rain on the Gulf of Thailand coast, another major rubber growing area, allowing farmers to tap as usual, traders said.
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