NR production falls 2.2% in early 2017

Kuala Lumpur – Production of natural rubber by member of the Association of Natural Rubber Producing Countries (ANRPC) fell 2.2% year-over-year in the first two months of 2017, according to the latest report by the association.

The drop, said ANRPC’s March report, was mainly caused by floods in south Thailand and an “unusual early onset of leaf-shedding off-season” across producing countries.

According to the report, the fall in supply has also coincided with a 3.3% rise in demand from within the ANRPC region, creating “favourable” supply and…

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