ANRPC expects 2.8% growth in NR demand this year

Kuala Lumpur – Global demand for natural rubber (NR) is set to grow at 2.8% in 2018, considerably higher than 1.2% observed during 2017, according to the Association of Natural Rubber Producing Countries (ANRPC).

NR-prices-graph-Jan2018In its latest monthly report published 23 Feb, the ANRPC predicted that demand would grow from 12.964 million tonnes in 2017 to 13.327 million tonnes this year.

Contributing to this growth, said ANRPC, are an improving global economy, and the expected impact of recently…

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