ANRPC expects natural rubber production growth in 2017

Kuala Lumpur – Natural rubber prices rose an average of 10% across key markets in January, according to the Association of Natural Rubber Producing Countries.

Also, despite soft results in 2016, the ANRPC expects NR production to rise more than 4% in 2017, according to the January 2017 issue of Natural Rubber Trends and Statistics, the association’s monthly statistical report.

NR prices declined to about $1/kg in early 2016 and remained depressed for much of that year, according to ANRPC Secretary General Nguyen Ngoc Bich.

A favourable supply-demand…

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