ANRPC: China, India set to drive up NR consumption

Kula Lumpur – Growth in demand in India and China is set to rekindle global consumption of natural rubber, the Association of Natural Rubber Producing Countries (ANRPC) has forecast.

In its monthly review of the market, released 24 May, the ANRPC said worldwide NR consumption is anticipated to grow “faster than what was expected until a month ago.”

The outlook on consumption during 2018 has been substantially scaled up in the case of China and India, said the association.

The two countries jointly contribute to around 48% of…

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