NR supply-gap closes amid slump in prices

Kuala Lumpur – The gap between global supply and demand for natural rubber (NR) has continued to narrow, new figures from the Association of Natural Rubber Producing Countries (ANRPC) show. The group has also noted a recent slump in prices for the commodity.

During January to September, world output of NR was at 9,240 kilotonnes (kt) while world demand of NR accounted for 9,637kt, ANRPC reported 10 Oct.

“As a result, a shortfall in world supply reported close to 400,000 during this period,” ANRPC said in a commentary about its…

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