NATURAL RUBBER PRICE IS EXPECTED TO RISE

NATURAL RUBBER PRICE IS EXPECTED TO RISE
On August 26, the Rubber market report released by the Association of Natural Rubber Producing Countries (ANRPC) said natural rubber prices could rise further as China is expected to significantly increase its purchases in the coming weeks.
Affected by high shipping prices, Chinese tire factories currently prefer to purchase natural rubber from China, and Chinese rubber consumer enterprises prefer to purchase from the warehouses of domestic rubber import enterprises rather than directly import, and the […]

US IMPOSED ANTI-DUMPING DUTIES ON TIRES FROM CHINA TAIWAN ,SOUTH KOREA ,THAILAND AND VIETNAM.

ANTI-DUMPING DUTIES ON TIRES FROM CHINA TAIWAN ,SOUTH KOREA ,THAILAND AND VIETNAM.
June 23, the United States International Trade Commission (ITC), issued the tire anti-dumping vote results.
The group decided to impose anti-dumping duties on imports of tires (PCR &LIGHT TRUCK TIRE ) from South Korea, Thailand and China Taiwan.
An anti-dumping investigation into Vietnamese tires was dropped in the vote, but countervailing duties will be imposed.
The anti-dumping duties imposed on tire manufacturers by region are as follows:

 
South Korea:
Hankook Tire & Technology Co. Ltd. — […]