ANRPC releases Monthly NR Statistical Report, December 2024

In December, the average monthly prices for natural rubber (NR) experienced a modest increase, supported by strong market fundamentals and increased trading activities driven by year-end orders before the Lunar New Year holidays in January. However, this upward trend, initially driven by China's stimulus measures introduced in late September, lost momentum due to weak economic conditions. Additionally, persistent risks from U.S. tariffs created uncertainty and affected market stability.

By mid-December, China's natural rubber inventory started rising with increased import orders, along with an increase in rubber supply from Thailand due to reduced rainfall. Overall, while there were some positive developments, the market still faces the aforementioned challenges that may impact future price stability. All the above details and others are covered in this month’s report, while here’s a snapshot of the recent trends of NR:

Based on the performance and updates from ANRPC member countries (AMC), the outlook for global NR production in 2024 is up by 2.8% compared to the previous year with the revision on Indonesian and Cambodian production. While the global outlook of demand growth for 2024 is up by 1.8% with the revision from Indonesia and Malaysia. Further details can be found in the report.

As we enter the year 2025, I wish to convey my sincere best wishes for a prosperous and successful year to all our esteemed readers. May this new year usher in a wealth of opportunities and growth, enabling you to achieve your goals and aspirations. Let us collectively embrace the possibilities that lie ahead, fostering collaboration and mutual support as we navigate the journey together. For renewal or subscription assistance, you may contact the ANRPC Secretariat for further details at secretariat@anrpc.org.

Thank you.

TOH, Heng Guan

Secretary-General