SGX Commodities and Agridence Launch Groundbreaking SIR20 Physical Spread Index for Natural Rubber

SGX Commodities and Agridence Launch Groundbreaking SIR20 Physical Spread Index for Natural Rubber

In partnership with Agridence, SGX Commodities has launched a pioneering SIR20 physical spread index for Physical Natural Rubber.

This spread index is derived from physical rubber trades on the Agridence trading platform, following an index methodology that leverages industry expertise and knowledge, with strong endorsement from a panel of industry representatives appointed by Agridence as the Board of Advisors. 

SGX Commodities has partnered with Agridence to enhance physical price granularity for rubber grades from different origins traded in the physical market, starting with SIR20 (rubber produced in Indonesia). The newly launched physical spread index might evolve as a reference for long-term contracts (LTCs) with benchmark SICOM pricing.

Agridence’s trading platform now provides real-time price visibility, ensuring accurate and transparent transactions across the trading channel. Transactions are carried out bilaterally, ensuring users’ confidential trade data is only visible to the transaction parties. To maintain market neutrality, SGX protects confidentiality and acts as a trusted custodian by exclusively owning trade data on the Agridence platform.

“We are happy to collaborate with SGX Commodities in rolling out this new SIR20 physical spread index, which we believe will benefit the rubber industry as a complementary pricing option. The creation of the index leverages the capabilities of Agridence and is based on actual physical transactions between consumers and producers done on our platform. We intend to work with SGX Commodities to make similar indexes for other rubber origins available to the market in due course,” said Ulrich Antoni, Head of Business Development and Partnerships.

 Agridence has launched a revamped version of its Rubber Trading app, featuring an updated interface and a suite of added functionalities, in response to the swiftly evolving technological landscape. This release coincides with a momentous achievement - trading one million metric tons of Natural Rubber (NR) on the Agridence platform. The celebratory event unfolded at SGX Centre, commemorating two pivotal milestones in the industry.

 

ContiTech Commences Production At Aguascalientes Hydraulic Plant

ContiTech Commences Production At Aguascalientes Hydraulic Plant

ContiTech, a group sector of Continental, has officially launched production at its new USD 90-million hydraulic hose manufacturing facility in Aguascalientes, Mexico. This significant investment is a strategic move to reinforce local supply chains, boost regional production capacity and position innovative fluid power solutions closer to its customer base across North America.

The new 900,000-square-foot plant will produce high-performance hoses for numerous industrial and mobile applications, serving vital sectors such as construction, agriculture, mining and energy. It has been designed to operate in a tightly coordinated network with ContiTech’s existing facility in Norfolk, Nebraska. This dual-plant strategy enhances production flexibility, improves operational efficiency and allows the company to be more responsive to evolving customer demands by strategically balancing technology, volume and lead times.

This expansion underscores ContiTech's long-term commitment to growth in key markets through substantial investment in local infrastructure and talent. Production at the Aguascalientes site will be gradually increased, with the first customer deliveries anticipated to commence in the fourth quarter of 2025.

Philip Nelles, Member of the Continental Executive Board and CEO of the ContiTech group sector, said, “The start of production in Aguascalientes marks a key milestone in ContiTech’s journey towards being a more agile, regionalised partner to our customers. At ContiTech, we build on 150 years of materials expertise. While our portfolio is broad and diverse, all our solutions are grounded in the same strength: high-performance materials that are mission critical, innovative and engineered to perform. Whether they connect, convey or cover, our products play essential roles across industries and applications.”

Andreas Gerstenberger, CEO of ContiTech USA and Head of Business Area Industrial Solutions Americas, said, “We are ready to lead in this segment. This new plant reflects our commitment to both innovation and proximity. With our customers increasingly looking for responsive and innovative solutions, we are proud to deliver with local production, advanced technology and a skilled workforce. More than just expanding our footprint, this investment is about creating mutual value with our customers, partnering closely to help them succeed in their own markets. By placing customer needs at the centre of everything we do, we aim to be their first choice for material-driven solutions, now and in the future.”

Vipal Rubber's New V SUPER HYBRID Aims To Revolutionise Mixed-Terrain Retreading

Vipal Rubber's New V SUPER HYBRID Aims To Revolutionise Mixed-Terrain Retreading

Vipal Rubber, a leading global producer of retreading rubber, has reaffirmed its commitment to innovation with the launch of its new V SUPER HYBRID technology. Available from 1 March 2025, this new compound is designed to redefine performance standards for mixed-terrain applications, offering enhanced mileage, durability and resistance for retreaded tyres across various fleet sizes.

The V SUPER HYBRID achieves a superior balance between on-road and off-road performance. It has proven effective in demanding sectors such as logging, grain and livestock transport, demonstrating robust capabilities across diverse operating conditions. Key advantages of the innovation include improved resistance to chipping and punctures, enhanced casing protection that extends tyre service life, lower environmental impact through increased tread utilisation and significant operational cost savings for fleet operators.

Field tests substantiate these claims. In one trial involving a high-torque truck on steep, unpaved terrain, tyres with V SUPER HYBRID technology showed an 11.5 percent increase in mileage over a standard market compound while maintaining structural integrity with no signs of breakage. Furthermore, the same technology demonstrated the potential for up to a 140 percent mileage increase over conventional compounds in continued testing. The tread's regular wear pattern also allowed for better depth utilisation, enabling tyres to remain in operation down to 5-6 mm, compared to the previous limit of 12 mm. Another test with a grain and livestock truck confirmed these results, documenting a 12.5 percent performance gain across different tread designs.

Kuraray Opens Asian Technical Support Hub

Kuraray Asia Pacific Pte. Ltd., a subsidiary of Kuraray Co., Ltd., has inaugurated the Kuraray Asia Pacific Centre in Singapore's Science Park. This new facility will function as a dedicated technical support hub for the Asian market. Its primary focus will be on providing specialised expertise for growing regional demand in PVOH resin, EVAL EVOH resin and activated carbon products.

Equipped with advanced material evaluation and analysis laboratories, the centre is designed to deliver prompt and tailored solutions to meet specific local customer requirements. It will also act as a platform for open innovation, fostering collaborative development and product demonstrations to generate new value.

By establishing itself within the concentrated research environment of the Singapore Science Park, the centre aims to accelerate market development and attract global talent through strategic partnerships. This initiative is a key part of the Kuraray Group's strategy to address emerging customer needs, explore new applications and strengthen its overall business expansion throughout the region.

Lim Wey-Len, Executive Vice President, Singapore Economic Development Board, said during the opening ceremony on 1 September: “We welcome Kuraray and other like-minded companies to leverage Singapore’s innovation ecosystem, talent pool, and regional connectivity to scale impactful and sustainable solutions from here.”

Tomoyuki Watanabe, Director and Managing Executive Officer, and President of the Vinyl Acetate Resin Company at Kuraray, said, “By offering a place for co-creation with our customers, we hope to drive the rapid market growth in the region.”

ANRPC Publishes Monthly NR Statistical Report For July 2025

ANRPC Publishes Monthly NR Statistical Report For July 2025

The Association of Natural Rubber Producing Countries (ANRPC) has released its Monthly NR Statistical Report for July 2025, providing an overview of key developments in the global natural rubber sector.

According to the report, natural rubber prices exhibited significant volatility in July. This instability was driven by a combination of adverse weather conditions impacting production, ongoing geopolitical tensions and international trade tariffs. After an initial phase of ample supply and muted demand, market sentiment shifted as concerns over potential supply disruptions prompted a notable increase in purchasing activity.

The report further projects a modest global production increase of 0.5 percent for 2025, while demand is anticipated to grow by a slightly higher 1.3 percent. However, this growth is expected against a challenging backdrop of a potential global economic slowdown. Complex US tariff policies and their widespread ripple effects are primary factors contributing to what may become one of the most subdued years for economic expansion since the pandemic.