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shplayer Elite	01-May-2007 19:51        shplayer About Contact  Quote this Post!
x 0   x 1  Alert Admin	Nos, Don't get too bothered by the childish pranks of some forumers. keep up with your good work. In the USA, the term 'rubber' also refers to a form of contraception....so, if you go to a store to buy eraser, don't ask for 'rubber'. You will get something very different from what you asked for.
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Nostradamus Supreme	01-May-2007 19:43        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rubber is not used in its raw form. Raw rubber is sticky, smells bad, and is easily affected by temperatures. Early products sold in Europe, like Scottish chemist Charles Mackintosh's rubberised "Mackintosh" raincoats, decomposed in heat and froze rigid in frosty conditions. In 1839 U.S. inventor Charles Goodyear accidentally dropped some rubber mixed with sulphur onto a hot stove, inventing the "vulcanization" process. A key step in its industrial use, vulcanization makes rubber harder, less sticky and more elastic.
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Nostradamus Supreme	01-May-2007 18:14        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	See, I told you so. Somebody can't face facts. Bad post or terrible topic ratings don't bother me. I don't take excellent topic ratings at face value either. Forummers can judge for themselves.
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zhuge_liang Supreme	30-Apr-2007 12:20        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Quiet week ahead as TOCOM will be closed for almost the whole of the week for the Japanese Golden Week holidays. So will the Shanghai market. How did the name "rubber" come about? English chemist Joseph Priestley, best known for discovering oxygen, named rubber in 1770, after observing how it "rubs out" pencil marks. Its French name, caoutchouc, comes from the Indian-American word cachuchu, "the wood that weeps."
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Nostradamus Supreme	27-Apr-2007 23:38        Nostradamus About Contact  Quote this Post!
x 0   x 1  Alert Admin	Hi rickytan. Just like I gave you hints on when to sell, I'll also give you hints when it's time to buy. I don't care about the post or thread ratings. It happened many times before, so I've been expecting them. However, like my name suggests, I do have a knack for prediction . Somebody from the other thread cannot take facts and is/are in self-denial. They can't take anything negative about their favourite stocks. Btw, the most active Oct '07 contract finished down nearly 1 yen from the previous day.
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zhuge_liang Supreme	27-Apr-2007 13:12        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	V-shaped wedges are cut in the bark of mature (6-7 year old) trees, and the oozing latex is collected. Tapping does not harm the tree, which later heals the wound. South American Indians used rubber to make waterproof shoes, coats, capes and bouncy rubber balls for centuries before European explorers like Christopher Columbus came across them and brought rubber balls and other products to Europe around 1493.
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rickytan Veteran	26-Apr-2007 21:30        rickytan About Contact  Quote this Post!
x 1   x 1  Alert Admin	Thank you Nos and Zhuge Liang for the regular updates.  Would very much appreciate it if you give us hints when it is time to vest again - just like what Nos did for highlighting the "Bearish" posts. Wow, Nos has sixth sense and know that someone is going to give him a bad post. But dont worry, you have alot of supporters :)
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Nostradamus Supreme	26-Apr-2007 21:23        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rubber futures on TOCOM came under renewed selling after pushing up in early trading Thursday. But the gains were limited as selling on a rally and long liquidation became active. In the afternoon, the gains became smaller as buying lost steam.
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Nostradamus Supreme	26-Apr-2007 12:23        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rubber trees grow in hot, moist conditions in the world's equatorial "Rubber Belt". More than 90% of natural rubber comes from Southeast Asia, with Africa and South America producing the rest. Thailand is the top producer. Output was 3.09 million tonnes last year, with 3.17 million tonnes expected for 2007, the Thailand Rubber Research Institute said in April.
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zhuge_liang Supreme	25-Apr-2007 13:32        zhuge_liang About Contact  Quote this Post!
x 1   x 0  Alert Admin	More bearishness. Rubber futures in Tokyo, the global benchmark, fell to the lowest in 5 weeks amid speculation traders were selling ahead of Japan's Golden Week holidays next week. Prices also dropped as a decline in the U.S. currency cut the dollar value of contracts traded in yen and amid signs Japanese economic growth may be slower than some had expected. The yen traded at 118.46 per dollar at 1:15 p.m. in Tokyo, compared with 118.59 in New York late yesterday. The benchmark October rubber contract on TOCOM ended the morning session at 274.4 yen ($2.31) per kg, down 9.4 yen. Worsening technical factors and concerns that an overheated China may curb investment, resulting in softer demand from the world's top rubber consumer, are pushing down rubber. "Selling interest was very strong as funds liquidated their long positions," a Japanese dealer said. "It's possible for prices to fall by the daily 10-yen limit." The benchmark contract rose as high as 299.5 yen on April 17, the highest since July 6, on strong demand from tyre makers, especially in China. Auto sales rose 22.4% to 1.53 million units in China in the 3 months ended March. Japan's 12 leading automakers made 1.01 million vehicles in the country in February, 1.9% more than a year earlier. The most active July rubber contract on the Shanghai Futures Exchange fell as much as 855 yuan, or 4%, to 20,630 yuan a metric ton. It traded at 20,780 yuan at the end of morning trading in Shanghai. In a sign that Japan's economy may be slowing, 20 of the 100 Japanese companies surveyed by the Yomiuri newspaper this month said growth was taking a respite, an increase from 11 in October.
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zhuge_liang Supreme	25-Apr-2007 11:32        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	The world consumes close to 9 million tonnes of NR a year, according to the International Rubber Study Group.
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Nostradamus Supreme	24-Apr-2007 19:57        Nostradamus About Contact  Quote this Post!
x 1   x 1  Alert Admin	Bearish as I expected. Futures fell 3 days in a row. You can give me a bad post rating, but there's no denying that. Rubber's natural form is a milky white liquid called latex, which is found under the bark of the hevea brasiliensis tree, which originates from Brazil's Amazon rainforest. The latex is part of the tree's defence system -- protectively sealing over cuts in the bark.
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zhuge_liang Supreme	23-Apr-2007 18:33        zhuge_liang About Contact  Quote this Post!
x 1   x 1  Alert Admin	Asian rubber supplies are likely to remain razor thin in coming years as strong demand will consume any extra cargoes seen coming from the leading Southeast Asian producers. This is likely to spark prices further for rubber which hit a 9-month high last week on TOCOM. "There is a very tight market," Hidde Smit, secretary general of the International Rubber Study Group, told a recent conference on China's island of Hainan. "We expect that to continue at least until 2011 or 2012 when new plantations come into production." Rubber trees grow in hot, moist conditions in the world's equatorial "Rubber Belt". More than 90% of natural rubber comes from Southeast Asia, with Africa and South America producing the rest. Smit blamed labour shortages, limits in available land and delays in planting in Thailand, Indonesia and Malaysia for restricting supplies until 2012. Thailand, Indonesia, Malaysia and Vietnam are all gearing up for a rise in production on the hope of favourable weather and better yields. But production could be hurt by drought, and any rise in output would be absorbed by growing demand in China, India and Europe, analysts said. A Reuters poll of 10 major rubber players on Friday found that Tokyo rubber futures may rise more than 5% by the end of Apr and remain lofty well into May, aided by strong buying from China. "Considering that the global macroeconomics picture is strong, we'll continue to see strong demand from China and other countries," said Shuji Sugata of Mitsubishi Corp. Futures and Securities Ltd. The 300 yen is seen as an important level for the market after the benchmark TOCOM rubber reached a 26-year high of 324.5 yen on June 13 last year. "If we see swings of shortages after the wintering, I'm sure the price will shoot up towards 320 yen," Sugata said, referring to the annual dry season for rubber. The world produces about 9 million tonnes of natural rubber a year and consumes most of it, leaving a delicate balance between supply and demand. China, the world's largest rubber consumer and importer, will continue to see double-digit growth in consumption and imports through 2010 on surging tyre exports. China's synthetic and natural rubber consumption is expected to top 5 million tonnes this year, including 2.35 million tonnes of natual rubber, up 12% from last year, according to Fan Rende, vice chairman of the China Rubber Industry Association. With its domestic production forecast to rise only 2% this year, China's will have to tap world markets for 1.75 million tonnes of natural rubber this year -- a near 9% rise from the previous year. But while demand is strong supplies are scarce as the dry season has lingered in Thailand and Malaysia and workers have not been quick to return to the trees. Nevertheless, Thailand, the world's top rubber producer, is expecting a better flow of latex will boost output this year to 3.17 million tonnes from 3.09 million tonnes in 2006, the Thailand Rubber Research Institute said. Meanwhile, Indonesia's production is expected to grow 6% in 2007 from about 2.4 million tonnes in 2006, according to Suharto Honggokusumo, executive director of the Rubber Association of Indonesia. In Malaysia output is to rise 5% to 1.35 million tonnes in 2007, said Mohamad Akbar Said, deputy director general of the country's Rubber Board. And Vietnam sees natural rubber output rising 15% in 2007 compared with 2006 when it produced 540,000 tonnes. Output in India rose 6% to 853,000 tonnes in the fiscal year that ended in March, according to the state-run Rubber Board. But India's tyre industry is also booming and could boost imports by up to 20% to 100,000 tonnes of natural rubber in the year ending March 2008, said D. Ravindran, an official of the Automotive Tyre Manufacturers Association.
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Nostradamus Supreme	21-Apr-2007 18:29        Nostradamus About Contact  Quote this Post!
x 1   x 1  Alert Admin	Several attempts at the 300 yen per kg level, but unable to break through. This would be bearish for GMG.
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zhuge_liang Supreme	21-Apr-2007 00:53        zhuge_liang About Contact  Quote this Post!
x 1   x 0  Alert Admin	Rubber futures on TOCOM lost further ground Friday, shedding the early gains on renewed selling. The benchmark, most distant Sep '07 contract settled at 282.2 yen per kilogram, down 4.7 yen from the previous day. The Apr '07 contract, set to expire Monday, fell 1.1 yen to 273.4 yen. Rubber futures rebounded slightly at the opening, drawing sellers' buybacks to establish profits on Thursday's sharp declines. Sentiment remained firmer in early trading amid the Apr contract's strength. But selling became dominant and prices fell into minus territory later as fears grew over the benchmark contract's heavy topside.
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zhuge_liang Supreme	20-Apr-2007 13:31        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tokyo rubber futures hit a 2-week low on Friday with most players sidelined ahead of next week's expiry of the spot April contract The benchmark rubber contract on TOCOM for Sep delivery ended the morning session at 282.8 yen per kg, down 4.1 yen, or 1.4%. The contract fell as far as 281.2 yen per kg. Early rounds of short-covering pushed the key contract to a session high of 289.0 yen, but profit-taking soon kicked in. September TOCOM rubber's seven-day moving average of 293 yen and its 14-day average of 289 yen appeared to be major resistance levels, dealers said. "Now 280 yen was seen as key support and it's no good if prices fall below that level," one dealer said.
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zhuge_liang Supreme	19-Apr-2007 20:35        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rubber futures on the TOCOM took a sharp downturn Thursday, losing the early gains to renewed late selling. The benchmark, most distant Sep '07 contract ended at 286.9 yen per kilogram, falling by a daily limit of 10 yen. Contracts from May to August were also limit-down at the close. The April contract with no daily price fluctuation limit sank to a low of 274.5 yen at the close, down 8.8 yen from the previous day. Rubber futures extended gains at the start, attracting short covering following the previous day's late rebound. But long liquidation grew after that amid fears of excessive rises. Prices fluctuated narrowly for the rest of the morning session. In the afternoon, selling became active following the yen's climb against the dollar and falls in crude oil futures. The benchmark contract slipped below 290 yen, and this unleashed broad selling, including loss-cut liquidation by buyers, toward the close.
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zhuge_liang Supreme	19-Apr-2007 12:22        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tokyo rubber futures edged down in early trade on Thursday, retreating from a near nine-month high as profit taking set in. The benchmark rubber contract on TOCOM for Sep delivery ended the morning session at 296.3 yen per kg, down 0.6 yen. It rose to the session high of 298.7 yen. Firm physical rubber prices have been supporting TOCOM due to potential supply concerns after the wintering dry season, when shipments of rubber tend to drop. "But the market appeared overbought after the recent rises over the past few days," a dealer said. "It's not easy to break 300 yen as market tried several times but failed to break the key level due to profit-taking," another dealer said. However, traders said they expected the key contracts to stay above strong support at 295 yen, backed by falling supply in physical market. There was speculation that supply was expected to remain tight as rain disrupted tapping in Thailand, the world's biggest producer, but output in Malaysia was expected to rise. But Malaysia is in the dry season, when latex output falls, until the end of April, and supply there was 50-60% of normal, a Kuala Lumpur-based trader said. Physical prices were still supported by demand as Chinese and European buyers were in the market for RSS3 and SMR20 for prompt shipment and producers did not have enough supply on hand, traders said. "Most producers could not supply those who wanted to buy for prompt shipment," a Malaysian trader said.
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zhuge_liang Supreme	18-Apr-2007 20:21        zhuge_liang About Contact  Quote this Post!
x 1   x 0  Alert Admin	Malaysia's natural rubber output is expected to rise to 1.35 million tonnes in 2007, up 5% from last year, because of good weather and firm global prices, a senior industry official said on Wednesday. High output (supply) means lower prices. "Most likely it will be more than what was projected earlier, about 5% higher," Mohamad Akbar Said, deputy director general of the Malaysian Rubber Board, told Reuters. The country's rubber production was earlier expected to increase 2 to 3%. "There is going to be more tapping because of higher prices and weather has been normal," he said. Tokyo rubber futures finished slightly higher on Wednesday after early falls as funds bought when prices fell below a major psychological level of 295 yen a kg. TOCOM prices were expected to rise further over the next few days to test the key resistance as futures should be supported by physical supply concerns, traders said. The wintering season is drawing to a close in Thailand and Malaysia, but supply is likely to remain tight as rain disrupted tapping, they said. But Akbar said supplies from Malaysia could rise in the coming months. "Now is April, it is a low yielding period and it can drag up to May. After that, when we move to the moderate yielding period, then you will see the production increase. "Current weather is okay -- if you go to the rubber producing zones there are not much rains compared to other parts of Malaysia." The official said land under rubber in Malaysia was expected to increase by 25,000 hectares a year given government assistance of soft loans to small growers and estates. "We are talking about an additional 25,000 hectares of rubber per year, the increase is not that significant but there will be new rubber planting," he said. Malaysia has about 1.225 million hectares under rubber but the area has declined from around 1.7 million ha in 1995 as large plantations switched to oil palm due to higher returns. "I can see interest in plantation companies, they now want to go back to rubber mainly in the so-called marginal areas which are little steeper and not very good for palm," he said.
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Nostradamus Supreme	18-Apr-2007 15:35        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tokyo rubber futures finished slightly higher on Wednesday after early falls as funds bought when prices fell below a major psychological level of 295 yen. The benchmark rubber contract on TOCOM for September delivery settled at 296.9 yen per kg, up 0.3 yen from Tuesday close at 296.6 yen. "Funds bought contracts, trying to push prices to break key resistance of 300 yen again as they believed that prices should be on the upward trend," a dealer in Tokyo said. TOCOM prices were expected to rise further over the next few days to test the key resistance as futures should be supported by physical supply concerns, they said.
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