News From Secretariat
ANRPC releases Monthly NR Statistical Report November 2022
Dec 20, 2022
The Association of Natural Rubber Producing Countries (ANRPC) releases the Monthly NR Statistical Report, November 2022.
In November 2022, the world production recorded a 2.7% growth to 1.426 million tons as compared to 1.389 million tons in last November. While world demand is estimated at 1.301 million tons, increased 0.6% from 1.294 million tons during the same reference period.
In the physical rubber markets, most rubber have inched lower in November 2022, except latex-in-bulk in Kuala Lumpur. The daily price of latex-in-bulk averaged around US$1.04 per kg in November 2022, up 3% from the previous month. While futures market, rubber futures in Shanghai Futures Market have recovered as Covid-19 measures in China eased during late November 2022, the trading activities also increasing as the cyclical year-end demand before Lunar New Year holidays.
For information, I am completing my 3-years term in the Association by the end of this year, 31 December 2022. I’d like to take this opportunity to convey my gratitude to the incessant support and cooperation extended by the esteemed users, statistical correspondents and stakeholders over my tenure in ANRPC.
Wishing you a joyous holiday season and a happy & peaceful New Year ahead!
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R. B. Premadasa