News From Secretariat
ANRPC Releases Natural Rubber Trends & Statistics, October 2018
Dec 24, 2018
The Association of Natural Rubber Producing Countries (ANRPC) is happy to release the Natural Rubber Trends & Statistics, October 2018.
From Secretary-General's Desk
The world demand of natural rubber (NR) from January 2018 to October 2018 recorded at 11.696 million tonnes, an increase of 5.2% from the same corresponding period a year earlier. While, the world production charted a 5.5% growth to 11.468 million tonnes. This resulted to a short of 228,000 tonnes of NR during the reference period.
During early October 2018, the International Monetary Fund (IMF) has revised its projection for global growth for 2019 by 0.2% lower to 3.7%, in view of the negative effects of the trade measures in the past 6 months from its World Economic Outlook April release. Commodities market, such as oil and rubber markets, has been volatile and bearish during October 2018.
The Secretariat apologise for the late release of this issue due to unforeseen circumstances in the data collection. We will work closely with our Member Countries and improve the release of this publication in the coming year.
The analysis and data given in this publication could help to closely understand the prevailing situation in the market and the emerging scenario. ANRPC owes a debt of gratitude to its statistical correspondents in the member countries and the esteemed users of this publication.
Merry Christmas & Happy New Year 2019!
Dr. Nguyen Ngoc Bich