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NR prices remain low despite supply shortfall

Washington – There is a current worldwide natural rubber supply shortfall of about 700,000 metric tons, according to recent reports from the Association of Natural Rubber Producing Countries.

Despite that shortfall, NR pricing has declined since the beginning of 2017, ANRPC data show.

Standard Malaysian Rubber 20, or Malaysian tire-grade rubber, began the year Jan. 3 at 205.9 U.S. cents per kilogram, and enjoyed an increase to 242.95 cents by Jan. 31, according to the association. Prices sank slowly through the spring to 138.1 cents on June…

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