ANRPC report: Improved fundamentals fail to lift rubber prices

Kuala Lumpur – Global demand for natural rubber (NR) grew 5% year-on-year to 6.96 million tonnes in the first half of 2018, according to the Association of Natural Rubber Producing Countries (ANRPC).

In the six months to end of June, supply of natural rubber rose 4.5%, to 6.214 million tonnes, leaving a shortfall in production of 746,000 tonnes, ANRPC’s latest figures show.

In its 30 July monthly update, the association also revised its full-year market outlook: production now anticipated to increase 5.2% to 14.040 million tonnes, and…

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