|
|
Rubber Plantation Investments
Rubber and its articles contributed to US$8.41 billion of Indonesian export in Jan-Nov 2010, surged 94% from the same period in 2009. The growth is even higher than palm oil (+40.2%) and coal (36%). Yet, rubber is not a sexy topic in town. Let's revisit the sector and see what's going on there. ,Last Updated ( Thu, 06 Jan 2011)
| |
| RUBBER JOURNAL
Indonesian natural rubber prices surged 8.47% last week. La Nina might push prices even higher. It helps plantation companies to balance the falling output, but will eventually hurt tire manufacturers. Other than China, India is increasingly an important player in the market dynamics. (Sun, 24 Oct 2010)
| |
| RUBBER JOURNAL
Tire manufacturers, PT Multistrada Arah Sarana (MASA) Tbk and PT Gajah Tunggal (GJTL) Tbk, are among the best performing stocks this year. MASA gained 44% in the past two months, while GJTL surged 100% in the same period. This is interesting, especially when natural rubber prices keep increasing in recent months. (Tue, 21 Sep 2010)
| | |
| More Articles |
| • RUBBER JOURNAL | Rubber | Tire manufacturers posted strong fundamentals this year on the back of automotive market recovery. Gajah Tunggal (GJTL) has gained 201% this year. In this report: (1) Rubber Prices in South East Asia, (2) Corporates in Brief (Goodyear and Hankook possible investment in Indonesia). | |
| • RUBBER JOURNAL | Rubber | As a major natural rubber producing country, Indonesia has benefited from higher prices this year. Recovery in the automotive market worldwide is the catalyst. Domestic market is also growing, thanks to strong demand for four-wheels and two-wheels. From now on, yosefardi.com will regularly update readers with dynamics in the rubber industry. | |
| • Bakrie rights issue so far | Rubber | PT Bakrie & Brothers (BNBR) Tbk has officially closed the offering period of its new 80.23 billion shares plus 4.7bn warrants today. How investors responded? | |
|
|
|
