News From Secretariat
ANRPC Releases Natural Rubber Trends & Statistics July 2019
Nov 13, 2019
The Association of Natural Rubber Producing Countries (ANRPC) is happy to release the Natural Rubber Trends & Statistics, July 2019.
From Secretary-General’s Desk
Based on the preliminary estimates, the world production of natural rubber (NR) amounted to 7.039 million tonnes during the first seven months of 2019, down by 7.3% from 7.591 million tonnes during the same period in 2018. Indonesia has estimated that about 382,000 hectares of rubber plantations were affected by the outbreak of Pestalotiopsis. This may reduce the country’s production for the year by approximately 15%. While the world consumption has registered a marginal growth at 0.8% to 8.082 million tonnes during the same reference period on a year-to-year basis. Despite the favourable market fundamentals, the market sentiments remain weak in the month of July 2019.
Price of physical rubber across key markets namely Kuala Lumpur, Bangkok and Kottayam were down by 3 to 9 percent during July 2019 as compared to June 2019. The increasing weekly warehouse stock figures reported in Shanghai for the month of July 2019 and the uncertainty from the trade negotiation between China and US have constantly become a concern to the traders and other investors.
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