The Association of Natural Rubber Producing Countries releases the "Natural Rubber Trends & Statistics
" for August 2017.
From Secretary-General's Desk
The world production of NR during the first eight months of 2017 amounted to 8.038 million tonnes while world consumption of NR is estimated at 8.544 million tonnes. Apart from the market fundamentals in NR, physical NR prices were also influenced by other external factors such as development in the oil industry, inventories in regional futures markets, strength in currency and recent geopolitical tensions.
NR prices have recovered from the dip in late July 2017 and demonstrated an upward trend across key physical market in the month of August 2017. Many factors have played an influential role in the price recovery, other than the favourable market fundamental where supply deficit amounted to 506,000 tonnes in August 2017.
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.
The one-day event, to be attended by about 300 rubber industry players, analysts and policy-makers from 15 countries, provides an international meeting point for the world rubber fraternity to deliberate on issues confronting the sector and identify appropriate policy measures. The registration for the conference is now opened <registration>
. For subscribers who interested to attend for the said conference may contact the Secretariat for more details about the conference or you may visit our website <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 August 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