IRCO-rubber plantation-NR

ANRPC: Rubber prices “flat” in November

Kuala Lumpur – Natural rubber prices trended “flat” in November despite rising crude oil prices and disruption for growers, the Association of Natural Rubber Producing Countries (ANRPC) has reported.

The continuing, low level of pricing reflected a significant imbalance between supply and demand for the commodity, the latest data from the association indicates.

During the first 11 months of 2017, global NR supply rose 4.7% year-on-year to reach 11.676 million tonnes, according to ANRPC’s latest Natural Rubber Trends & Statistics. 

Over the same period, demand for NR amounted to…

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