the context of natural rubber in the international market price since January 2011 when up about 16%.
If the new engine project is Navistar's EGR technology, which means that the State IV standard "non-mainstream".
Recently, the reporter learned from the JAC, Navistar doubts as to dispel the JAC, the reply given Navistar with SCR technology reserves. However, the transition from the EGR to SCR really like it that so simple Reporter learned from an American truck business people at the SCR and EGR there is a big difference, especially the need to add production equipment, production costs will increase.
September 16, 2010, Navistar engine joint venture agreement signed with the JAC, the Navistar Maxxforce engine brand is officially named "Mai Sifu" was intended to take towards happiness, and placed Navistar Group to open the determination and hope of the Chinese commercial vehicle market. April 24, 2012, Anhui JAC Automobile Co., Ltd. and Navistar company formally signed at the site of the 2012 Beijing Auto Show JAC - Navistar to deepen cooperation letter of intent. Recently, the project has received Development and Reform Commission approved the new China IV standards will become the first hurdle in a test of this engine project.
Navistar in the United States, the struggles over the direction of the outcome of how a certain extent, will also affect its future trend in China.
According to Thai media reported on July 9: The world's largest natural rubber production base and export base - Thailand, recently decided to intervene in its domestic market to improve its market price.
According to reports, the Thai Ministry of Agriculture said that the Thai government has approved a total of about 15 billion baht fiscal plan for advancing the prices of natural rubber, and the Thai Ministry of Agriculture is currently looking for opportunities to purchase 200,000 tonnes of natural rubber in order to support its prices. The Thai government agreed to procurement from local farmers to the market price of 120 baht per kilogram without smoked rubber sheet (USS3) have risen year-on-year of its purchase price given the market price of 90 baht per kilogram by the end of 2011. Tokyo commodity exchange, natural rubber contract benchmarks set the trend of global natural rubber prices, the Thai government and local farmers have said agreed to the intervention program to implement the context of natural rubber in the international market price since January 2011 when up about 15%.
Thai Natural Rubber Association, said the Thai government plans to maintain the export level for of RSS3 car dvd and car gps the natural rubber prices in more than $ 4 per kg, but this does not mean that natural rubber prices will eventually be able to hit the record value of $ 6.40 per kilogram. Thailand's domestic natural rubber traders questioned the Thai government will be able to intervene in the natural rubber market, how long, but its price can immediately showed a rising trend, if as of the Thai domestic market demand for natural rubber, as in previous years low due to the global economy The slow development, the demand for natural rubber in the next few months is likely to remain weaker trend.
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