The Association of Natural Rubber Producing Countries
releases the "Natural Rubber Trends & Statistics
" for September 2017.
From Secretary-General's Desk
During January 2017 to September 2017, the world output of natural rubber (NR) stood at 9.240 million tonnes while world demand of NR accounted for 9.637 million tonnes. As a result, a shortfall in world supply reported close to 400,000 during this period. The favourable market fundamental from the shortfall was unlikely to rule against the negative sentiments in the market such as high rubber inventories, strong yen, and the development in crude oil market.
Despite physical rubber price has demonstrated a recovery in price last month, it has lost the momentum and plunged towards the last two weeks in September 2017 amid broad sell-off in global commodities and higher rubber inventories reported in Shanghai Rubber Futures.
ANRPC is organizing its 10th ANRPC Annual Rubber Conference with the theme of “Reengineering Value Chain for Revitalizing Production Sector” which focus on supply chain efficiency on 23 October 2017 (Monday). The conference will be hosted by Government of Vietnam at White Palace Convention Centre in Ho Chi Minh City, Vietnam.
For subscribers who are interested to attend for the said conference, you may register yourself, not later than 17 October 2017 at <registration>
. For further information about the conference, you may visit <conference information>
With the objective of providing updated trends and emerging developments in natural rubber sector, ANRPC provides through this issue of Natural Rubber Trends and Statistics, the figures of supply and demand for NR during the period up to September 2017 and the anticipated monthly figures for the year 2017, covering all ANRPC Member Countries.
Before I conclude, I place on record sincere gratitude of the ANRPC to its statistical correspondents in Member Governments for timely making available required data and forecasts. I also thank all esteemed users of the publication for the continued support.
Dr. Nguyen Ngoc Bich