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The Association of Natural Rubber Producing Countries (ANRPC) releases the Monthly NR Statistical Report, September-October 2023 (combined issues).

JOINT COMMUNIQUÉ OF THE ASSOCIATION OF NATURAL RUBBER PRODUCING COUNTRIES (ANRPC)

In August, the market for natural rubber (NR) was skeptical due to ongoing geopolitical tensions and the recent increase in interest rates by the Federal Reserve. During the reference period, global production of NR increased by 4.2% on an annual basis.

The global production of NR witnessed a 2.1% growth amounting close to 1.3 million tons, while global demand of NR posted a relatively faster growth at 3.2% to 1.3 million tons during the month of July.

The Association of Natural Rubber Producing Countries (ANRPC) is organizing its 13th Annual Rubber Conference, Opening Session of 45th ANRPC Assembly and 6th ANRPC Public-Private Meet at Radisson Blu Hotel, Guwahati, India on 9 and 10 October 2023.

The Association of Natural Rubber Producing Countries (ANRPC) has a vacancy arising in November 2023 for the position of Senior Economist at its Secretariat in Kuala Lumpur. The appointment will be for a period of five years, including probation for one year.

The mid-year outlook of the global natural rubber market was balanced and positive.

As the tapping activities resumed, the global output increased by 0.3% in May to 1.006 million tons. Despite sluggish output growth, global NR consumption increased by 3.5% year-on-year to 1.272 million tons.

The global NR production posted a much slower growth at 1.5%, year-to-year, amounting to 896,000 tons in April.

In view of the recent developments and release of the latest outlook by International Monetary Fund (IMF), ANRPC has updated its outlook of global natural rubber (NR) market for this year‒ global production of NR is now projected to grow by 2.7% (0.1% higher

Global production of natural rubber (NR) is estimated to grow by 2.6%, reaching 1.040 million tons, while global demand of NR is reported to recover at a faster pace at 7.3% growth to 1.209 million tons during February 2023.

In 2023, the outlook of global natural rubber (NR) market is anticipated to reach 14.693 million tons for production while consumption is projected at 14.738 million tons. The pie charts below exhibit the shares of ANRPC member countries and non-ANRPC member

Based on the preliminary estimates from Member Governments, the world production of natural rubber (NR) registered 0.1% growth to 1.397 million tons during December 2022, the slowest growth in production of the year. Conversely, the world demand for NR grew

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In November 2022, the world production recorded a 2.7% growth to 1.389 million tons as compared to 1.426 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 pe

The world produced about 1.435 million tons of natural rubber (NR) during October 2022, about 87% of the production attributed from ANRPC members. While the growth in global demand of NR recorded at 1.2% to 1.301 million tons during the same reference period

During August and September 2022, the accumulated global production of natural rubber (NR) recorded an increase of 71,000 tons to 2.693 million tons against the same period last year.

The global production of natural rubber (NR) is estimated to expand by 3.9%, year-on-year, to 1.283 million tons; while the global demand is expected to grow faster at 8%, year-on-year, to 1.266 million tons during July 2022. During the same reference period

Based on the estimates given by member governments up to June 2022, the outlook of natural rubber (NR) market is expected to improve further during the year 2022, in production and consumption. During June 2022, the global production is recorded at 1.113 mil

The global supply of natural rubber (NR) has further improved to 991,000 tons in May 2022....