Video Exclusives


Europa Systems debuts new tire handling tech

Sentury

The unit features a special double centering device that positions two tires at the same time in the correct place to be picked up by a robot

Click here to watch the video


Careers at Continental

Sentury

Experts in the IT department at Conti share their favorite aspects of their job roles

Click here to watch the video


Which of these technologies and trends do you think will be introduced to mass-market tire production in future?

News

ANRPC reports deficit in worldwide natural rubber supply in July

According to the Association of Natural Rubber Producing Countries (ANRPC), for the first seven months of 2017, the world production of natural rubber amounted to 6.838 million tonnes, including non-ANRPC member countries, while world consumption was recorded at 7.486 million tonnes. This resulted in a deficit in world supply of 648,000 tonnes in July 2017.

The favorable supply-demand fundamental from the deficit was unlikely to overrule the physical prices over negative sentiments in the NR market such as higher rubber inventories and stronger yen.

During July 2017, NR physical prices gradually improved followed by the recovery in crude oil price, especially during the first three weeks in July 2017. This also narrowed the price difference between the two major TSR grades, STR-20 and SMR-20. The rebound of NR prices was hit by the negative sentiment of higher rubber inventories in regional futures markets.

As a result, NR prices fell sharply and projected a downward trend in price over the last week in July 2017 across key physical markets in Thailand and Malaysia.

August 10, 2017

Written by Rachel Evans


RECEIVE THE
LATEST NEWS


Your email address:



Read Latest Issue

Read Latest Issue

Read Latest Issue

Web Exclusives

Futures market
Goodyear’s chief technology officer, Chris Helsel, discusses the emerging requirements for future autonomous vehicle tires
Read Now

Motorsport design influences
Torsten Ideker, a head engineer at the Hankook Tire European Technical Center, explains how tire technologies derived through motorsport have been applied in the company’s ultra-high performance road car rubber
Read Now

Winter test partnership
Italian tire giant Pirelli has chosen Arctic Falls as the location for its newest test base
Read Now

Data directory: an assessment of the truck tire market
Smithers Rapra predicts intermediate level growth in demand for truck tires globally, even as the market continues to evolve and diversify
Read Now

The importance of the right tires
Goodyear reveals more behind the development process for original equipment tires – with around 400 tests conducted in the lab and 200 test drives undertaken on roads during each project
Read Now


Supplier Spotlight

Supplier SpotlightWe are building a list of leading suppliers covering all aspects of the tire industry. Want to see your company included? Contact olivia.campbell@ukimediaevents.com for more details.

Submit your industry opinion

Industry BlogDo you have an opinion you'd like to share with the tire technology community? We'd like to hear your views and opinions on the leading issues shaping the industry. Share your comments by sending up to 500 words to rachel.evans@ukimediaevents.com

Submit Your Recruitment Ad

Recruitment AdTo send us your recruitment advertising or to receive information on placing a banner please email olivia.campbell@ukimediaevents.com