The Association of Natural Rubber Producing Countries (ANRPC) is happy to release its “Natural Rubber Trends and Statistics” for July 2016.
Global supply of natural rubber (NR) remains low regardless of mature area expanding every year. Total supply grew only by 0.2%, year-on-year, during the first seven months of this year. However, NR market has not been able to gain considerable strength from the nearzero growth in supply due to dominant influence of a weak demand outlook, low crude oil prices and weak currencies of major NR-exporting countries. Emerging global economic trends suggest that possibility for NR demand gaining strength in 2016 or 2017 is bleak. The anticipated weak demand outlook is likely to hold back the anticipated slow growth in supply from translating to a bullish market. Besides, short-term energy outlook suggests that NR market may continue lacking support from crude oil.
This comprehensive analytical report, supported by 23 statistical tables and graphs, provides a clear picture of emerging trends in global NR industry and key factors likely to influence the prices for rest of the year. It covers the trends in production, consumption, export and import for all ANRPC member countries, for the period up to July 2016 and the anticipated figures for the period up to October 2016. It also gives projections for the whole year 2016.
For subscribing to “Natural Rubber Trends & Statistics”, please contact the ANRPC Secretariat at “email@example.com”.
Kuala Lumpur, 4 August 2016
Sheela Thomas, Secretary-General