The Association of Natural Rubber Producing Countries (ANRPC) releases the Monthly NR Statistical Report, February 2023.
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. Despite strong market fundamentals in the NR market, there were varied movements observed in both the futures and physical markets of NR during the same reference period. These movements may be due to the underlying uncertainties that were reported during this period, which had an impact on the performance of the NR market.
Below is an overview of the global NR industry, including price movements in key physical markets:
For new and renewal subscription for the year 2023, you may contact the ANRPC Secretariat for further details at secretariat@anrpc.org. Thank you. TOH, Heng Guan Secretary-General
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