Market Fundamentals: Rubber prices underperformed last week as U.S. Dollar survived a strong recovery. Dollar Index (USDX) climbed above 92.00 region and put traders on the fence for commodity demand.…
Agriculture
Minister: Vietnam looks towards sustainable agriculture
Minister of Agriculture and Rural Development Le Minh Hoan has pledged to tackle obstacles to two projects on food safety and hygiene, and sustainable fishery development, saying that they are urgent …
Virginia Tech Research Explores Climate Change and the Future of Food in Nepal
When you think of Nepal, you might imagine people climbing Mount Everest, the world’s highest mountain above sea level. However, people aren’t the only ones scaling the vast and varied elevations of t…
Indonesian exports surge in April on high commodity prices
Indonesia’s exports racked up their strongest rise in 11 years in April, boosted by surging prices of key commodities such as palm oil and coal, data from the statistics bureau showed on Thursday as t…
Quinoa being farmed for the first time in Bangladesh
Although it appears granular like Chinese kaun, the crop in question is Quinoa, a South American crop. After five long years of research at Sher-e-Bangla Agricultural University, this new crop was cul…
Vietnamese lychee to be sold online for first time
Lychees grown in Hai Duong Province will be sold on e-commerce platforms Voso, Sendo, Lazada and China’s Alibaba on Saturday, according to the Vietnam Trade Promotion Agency. It would be the first tim…
Agriculture human capital to push Philippines to upper middle-income status
Upgrading to the upper-middle income status remains achievable if the country will focus on improving the agriculture sector and its human capital, according to Socioeconomic Planning secretary Karl C…
Rubber Scarcity Creates New Headache for Beleaguered Automakers
Automakers struggling with pandemic-induced plant shutdowns and a global chip shortage are now confronting another supply chain headache: dwindling rubber supplies. Snarled shipping lines are disrupti…
Chinese firm signs MoU on agriculture development project in Laos
A chinese company, Jiarun Agricultural Development Co., Ltd. and the Lao Ministry of Planning and Investment have signed a Memorandum of Understanding (MoU) on the feasibility study for a forest resto…
Weekly Rubber Report – 5 Apr 2021
Market Fundamentals: The U.S. Non-Farm Payroll gained 916,000 jobs in March and surpassed the consensus figure. President Biden announced another new round of infrastructure stimulus worth USD2 Trill…