News From Secretariat
ANRPC Releases Natural Rubber Trends & Statistics, January 2019
Apr 02, 2019
The Association of Natural Rubber Producing Countries (ANRPC) is happy to release the Natural Rubber Trends & Statistics, January 2019.
From Secretary-General's Desk
The world production of natural rubber (NR) experienced a fall at 10.1%, amounting to 1.080 million tonnes in January 2019 on a year-to-year basis. This may result from the recent tropical storm reported in Southern part of Thailand which is the major NR producing provinces in Thailand. In contrast, the world demand of NR recorded an increase of 1.3% to 1.151 million tonnes during the same reference period.
The favourable market fundamental sentiments and the price rally in crude oil market have further supported the recovery in NR prices across physical and futures markets in January 2019. Besides that, positive news reported over the trade talks progress between US and China and the determination from OPEC members over their production cut have made the commodities prices stay firmer over this period.
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.
Dr. Nguyen Ngoc Bich