Uncertainties impact world rubber supply, demand
- By TT News
- December 28, 2020
The downward revision in the world supply outlook for 2020 is largely due to the scaling down of the outlook for Thailand and India, according to ANRPC. The outlook on the production of NR in Thailand has been scaled down by 332,000 tonnes to 4.478 million tonnes. The country’s revised outlook for 2020 represents a 7.7% decline from the previous year as against a 0.9% anticipated fall reported a month ago.

The harvesting and primary processing of rubber in Thailand are severely affected by acute shortage of labourers. The migrant labourers from neighbouring countries and those from other provinces within the country find it difficult to reach back and resume the various farm management activities including tapping and primary processing. Aggravating the situation, tropical storm ‘Noul’ damaged rubber plantations in several provinces of Thailand in the last week of September besides causing heavy rains, flash floods, and water run-offs.
In August, northern Thailand was hit by the tropical storm ‘Sinlaku’ causing flash floods in 18 northern provinces of the country. The loss in output arising from previous year’s incidence of a new fungal leaf disease is already factored in. Abnormal leaf fall resulting from fungal diseases usually impacts on the yield performance of the affected for two succeeding years.
In India, the production anticipated in 2020 has been scaled down by 42,000 tonnes to 668,000 tonnes, ANRPC study said. The revised outlook represents a 4.8% decline from the previous year as against a 1.1% anticipated increase reported a month ago. The country’s NR production sector is impacted by a burst in the number daily new cases of Covid-19 infections in the State of Kerala since the beginning of September and the abnormal leaf fall caused by the outbreak of Phytophthora leaf disease during July and August. It is reported that the incidence of abnormal leaf fall during this year is less severe compared to the previous year.

Demand fall
There has also been a fall in world consumption of NR by 11.7% y/y to 8.151 million tonnes during the first eight months of 2020 (Jan-Aug), as per preliminary estimates. Based on the revised estimates and forecasts, the world consumption outlook for the full year 2020 is marginally scaled up by 67,000 tonnes to 12.611 million tonnes by representing an 8.4% fall from the previous year. The outlook for 2020 as reported a month ago was 12.544 million tonnes by representing an 8.9% fall from the previous year.
China has marginally revised up its consumption outlook for 2020 in view of an observed earlier-than expected economic recovery and acceleration in growth. A survey conducted by Nikkei revealed that the growth has been more pronounced in the manufacturing sector. The Manufacturing Purchasing Managers’ Index (PMI) improved to 51.5 in September from 51.0 recorded in August and 51.3 anticipated for September, according to a survey conducted by the country’s National Bureau of Statistics and the China Federation of Logistics and Purchasing. The country’s automobile sector has made a major turnaround. The domestic retail sales of passenger vehicles, including minivans, SUVs and multipurpose vehicles, increased 7.4% y/y in September 2020, the third straight monthly gain. The domestic sales of passenger vehicles had increased 6.0% y/y in August 2020.

As per the revised outlook, China is anticipated to consume 5.055 million tonnes of NR during 2020, down 8.9% from the previous year. The country’s consumption outlook for 2020, as reported a month ago was 5.043 million tonnes, down 9.1% from the previous year.
India has scaled-up its consumption outlook for 2020 to 923,000 tonnes from 900,000 tonnes reported earlier in the year. Auto sales in India have made a U-turn. The domestic sales of passenger car increased 31.3% y/y in September 2020, the highest growth over the past 27 months. The trend reversal in passenger car is driven by preference for personal mobility during the pandemic, gradual opening up of markets, easing of supply-chains, labour availability, and excitement of new vehicle launches. The domestic sales of two-wheeler grew 12% y/y in September 2020, the highest growth over the past 21 months. Sales of tractor increased 16% y/y during the month, the highest growth over many years in the past. The domestic sales of LVC (Light Commercial Vehicles) and M&HCV (Medium and Heavy Commercial Vehicles) declined by 3.0% each during the month, after double digit declines till August 2020.
Looking ahead, according to ANRPC, the world demand for NR will remain constrained by the uncertainties clouding the global economic recovery, acceleration in the number of new coronavirus cases, reintroduction of control measures and partial lockdowns across countries and a likely long delay in the mass availability of the vaccine. On the positive side, there are increased hopes of further fiscal aid in the US to keep its economy on track. The White House has reportedly raised its stimulus offer from the earlier proposed $1.0 trillion to $1.5 trillion, and further to $1.8 trillion, though that is still short of $2.2 trillion proposed by the Democrats.

Kuraray America Joins Houston Port Region Women's Leadership Luncheon
- By TT News
- November 06, 2026
Kuraray America, Inc. (KAI) took part in the Women's Leadership Luncheon organised by the Economic Alliance Houston Port Region's Women In Alliance, held at San Jacinto College. The gathering drew women from throughout the Houston Port Region to exchange professional experiences, build connections and encourage the next generation of women leaders.
Andrea Cavalier, Principal Engineer at Kuraray America, Inc., noted that as she nears the later stages of her career, she has come to value how much can be learned from people at different points in their professional journeys. Her remarks underscored KAI's view that leadership growth is an ongoing process enriched by connections across career stages.
The event's centerpiece was a fireside chat titled ‘Beyond the Arena: Saddled for Success’, featuring Pat Mann Phillips, past Chairman of the Board for the Houston Livestock Show and Rodeo, with Nellie Baktashi Macaluso moderating. The conversation explored leadership, career development and spotting chances for personal and professional growth, highlighting three lessons: building trust through credibility and authenticity, embracing challenges by stepping outside familiar situations and knowing one's worth by recognising individual strengths and contributions.
Cavalier further stressed that leadership extends beyond personal success to using experience to create opportunities for others. That outlook mirrors Kuraray America's emphasis on mentorship, collaboration and continuous learning, where employees at all stages share knowledge and support one another.
Pirelli Unveils ANGEL GT III Sport Touring Tyre
- By TT News
- November 06, 2026
Pirelli has unveiled the ANGEL GT III, a new radial Sport Touring tyre that combines easier, improved handling with enhanced wet-weather capabilities and more consistent performance across its service life while retaining the brand's sporting DNA. The rear tyre is built for greater durability and reduced rolling noise compared with other ANGEL family products, thanks to a new tread pattern, and it carries a high-contrast sidewall with the ANGEL symbol and Gran Turismo lettering.
Scheduled for availability from early 2027, the tyre is the fourth generation of the ANGEL family, which began with the ANGEL ST and evolved through the ANGEL GT and ANGEL GT II. Over the past 15 years, the range has helped raise standards in the radial Sport Touring segment for riders seeking a balance of sporty performance, riding enjoyment and long-distance touring capability, supporting Pirelli's steady expansion in one of the European market's most important segments. Each generation has brought technological and performance advances, earning growing rider recognition and strengthening the brand's presence.

Designed for modern mid- and large-displacement Sport Touring, Crossover and Naked motorcycles, the ANGEL GT III pursues a clear objective: Pirelli's interpretation of the Gran Turismo riding experience, with high levels of control, comfort and riding enjoyment. Dedicated work to reduce rear-tyre rolling noise further enhances touring comfort, an especially important consideration for long-distance riders, with the resulting reduction in fatigue benefiting both journey enjoyment and overall control.
The tyre's standout characteristic is improved easier handling, a trait particularly valued by riders in this category. Pirelli's designers aimed to make motorcycles feel more intuitive, smoother and less demanding in everyday use and on long journeys while preserving the precision and responsiveness of the brand's sporting DNA. Wet performance also received particular attention, with the tyre designed to deliver confidence and control on wet, low-grip roads, raising standards set by previous generations.

Consistency throughout the service life was another key focus. Extensive development work sought more uniform dynamic characteristics over time, even as wear increases, so riders retain high levels of control and enjoyment. While improving comfort and ease, the tyre remains true to Pirelli's heritage, its focus on sport performance, steering precision and support during spirited riding reaffirming a distinctive character over long distances.
Aesthetically, the ANGEL GT III evolves the family's visual identity, its new tread pattern reinterpreting signature ANGEL graphic elements while expressing clear stylistic evolution. The high-contrast sidewall, with the iconic ANGEL logo and Gran Turismo lettering, references an Italian motorcycling concept of travelling swiftly, comfortably and in style. Pirelli frames the launch as a new Sport Touring chapter and a renewed commitment to innovation and raising segment standards.
Sri Trang Group Honoured With CAC Change Agent Award 2026
- By TT News
- November 06, 2026
Sri Trang Group has earned the CAC Change Agent Award 2026 from the Thai Private Sector Collective Action Against Corruption (CAC), with the honour collected by Veerasith Sinchareonkul, Chief Executive Officer of Sri Trang Agro-Industry Public Company Limited (STA), alongside Vitanath Sincharoenkul, Chairman of the Executive Committee of Sri Trang Gloves (Thailand) Public Company Limited (STGT). The presentation formed part of the CAC Annual Conference 2026, convened around the theme of business integrity and collective action for Thailand's OECD journey, and was presided over by Rapee Sucharitakul, Chairman of the Thai Institute of Directors Association and of CAC, at the Stock Exchange of Thailand on 4 November 2026.
The award represents a fourth successive year of recognition for STA, while STGT secures its second. Across the Group, anti-corruption serves as a foundational corporate policy shaping the conduct of directors, executives and employees through explicit guidelines and measures that undergo periodic review to stay attuned to shifting circumstances and applicable standards. The Group further encourages cooperation with suppliers and business partners, nurturing a culture of transparency and accountability that reinforces confidence among all stakeholders.
Bestowed upon organisations that meaningfully advance transparency and sound corporate governance while carrying collective anti-corruption action into supplier networks and the wider business community, the accolade mirrors Sri Trang Group's resolve to lift responsible business conduct standards and weave anti-corruption collaboration across its entire value chain.

Veerasith Sinchareonkul, Chief Executive Officer, STA, said, “Receiving the CAC Change Agent Award 2026 is a source of pride that reflects our commitment to conducting business transparently, upholding good corporate governance and consistently combating corruption. It also recognises our role in extending collective action to suppliers and business partners to raise standards of ethical business conduct throughout the value chain. We firmly believe that good corporate governance is the foundation of sustainable growth and that trust must be earned through action.
“As a group whose operations span the entire natural rubber industry, from upstream to downstream, we are committed to driving change from within by embedding transparency and accountability in every process. We also cultivate a culture of zero tolerance for corruption and extend these principles to our suppliers and business partners, encouraging them to uphold the same ethical standards. We place particular emphasis on whistleblowing and encourage employees, suppliers and other stakeholders to remain vigilant and report suspected corruption so that concerns can be appropriately investigated and addressed.
“Translating good corporate governance into tangible outcomes is central to the role we embrace as a Change Agent. Creating a transparent and fair business environment requires collaboration and action across all sectors. This award provides further impetus for Sri Trang Group to strengthen corporate governance, reinforce a culture of transparency and expand anti-corruption collaboration throughout the value chain. Through these efforts, we aim to ensure that business growth goes hand in hand with stakeholder confidence while contributing to the long-term strength and sustainability of Thailand’s business sector.”
Vitanath Sincharoenkul, Chairman of Executive Committee of STGT, said, “Receiving the CAC Change Agent Award for the second consecutive year is an honour and a source of pride for our organisation. This achievement reflects the collective efforts of our people to uphold integrity and transparency in the way we conduct business. It is the result of everyone’s commitment to good corporate governance and to fulfilling their responsibilities transparently, ethically and accountably – principles that have become an integral part of our corporate culture. I would like to thank everyone who has contributed, especially our suppliers and business partners, for helping translate our commitment into tangible results. For STGT, trust is something we must uphold at every stage of our business. This award motivates us to continually raise our standards by building employee awareness, promoting accountable and verifiable work processes, and encouraging everyone to stand up for what is right, ensuring that anti-corruption principles are put into practice throughout the supply chain.
“Our commitment to transparency and anti-corruption is fundamental to putting our ‘Clean World Clean Gloves (CWCG)’ approach into practice. Environmental and social responsibility must be grounded in ethical, transparent and accountable business conduct. We therefore strive to apply good corporate governance principles at every level of our operations, ensuring that the delivery of quality rubber gloves goes hand in hand with building trust in our organisation. This prestigious award further motivates STGT to advance its corporate governance standards and strengthen a culture of integrity, transparency and accountability in line with our core values, supporting stable, long-term growth.”
TyreSafe: Van Tyre Advisories Are Warnings Fleets Cannot Afford To Ignore
- By TT News
- November 06, 2026
TyreSafe, UK’s leading tyre safety charity, has published an analysis of nearly 137,000 vans showing that a tyre advisory at MOT is a strong predictor of future dangerous defects, with the risk doubling for larger vans in the 3–3.5 tonne class. The organisation is calling on fleets to treat every advisory as a task requiring completion rather than a mere annotation on a certificate.
According to the study of DVSA MOT data, vans that received a tyre advisory were almost twice as likely to present a dangerous tyre defect at their next test. Roughly 1 in 14 vans with an advisory, or 7.0 percent, had a dangerous tyre defect at the following MOT, compared with about 1 in 28, or 3.6 percent, of those without an advisory. For vans weighing 3–3.5 tonnes, the figures rose to 6.3 percent against 3.0 percent, a doubling of risk that persisted even after accounting for vehicle age.
The scale of the problem is considerable. Of the nearly 27,600 vans issued a tyre advisory in February 2024, more than 1,900 returned in February 2025 with a defect graded Dangerous, a classification meaning the vehicle should not be driven until repaired. In around 3 in 10 van tyre failures, the issue had already been flagged at the previous MOT, suggesting the warning was often available in advance.
Roadside evidence reinforces the pattern. Tyres are the most frequent reason DVSA takes action against a van, and between April and June 2026 tyre condition was the top prohibition defect, recorded against 22.7 percent of vans inspected. Because DVSA targets vans suspected of being overloaded or unroadworthy, the figure is not representative of all vans, but it illustrates how often neglected tyres put a working vehicle out of service.
The business consequences are significant. With 4.89 million vans licensed in the UK covering around one mile in every six driven on British roads, and about one in five work-related collision vehicles being a van, employers face a clear legal duty to manage work-related driving risks. A van off the road also means missed jobs and lost income.
TyreSafe advises fleet managers to log every tyre advisory with a repair or re-inspection date, confirm and record its resolution, incorporate tyres into daily walkaround checks, set pressures according to manufacturer figures for the load carried and ensure wheel nuts are torqued and re-checked after any wheel removal. Drivers are urged to follow the ACT routine: checking air pressure with an accurate gauge, inspecting condition for cuts, bulges, cracks, embedded objects and uneven wear and verifying tread depth against the 1.6 mm legal minimum for vans up to 3.5 tonnes. The release is the first in a weekly series on tyre safety and fleet risk management.
Stuart Lovatt, Chairman, TyreSafe, said, “An MOT tyre advisory is an early warning, and our analysis shows it is a reliable one. Vans that get one are almost twice as likely to have a dangerous tyre a year later. That is a risk to the driver, to everyone around them, and to the business that depends on that van. Fleet managers already have this information on the MOT certificate. The fix is simple: treat every tyre advisory as a job with a deadline, and make sure drivers ACT on their tyres every day."

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