ANRPC: Natural rubber production impacted by flooding, tree disease

Kuala Lumpur – World consumption of natural rubber grew 5.2% in the first seven months of 2018, compared with growth of 3.7% in world NR supply, according to the Association of Natural Rubber Producing Countries (ANRPC).

World NR production totalled 8.16 million tonnes in January-July 2018, and production stood at 7.37 million tonnes, for a total production shortfall of 786,000 tons, ANRPC secretary general Nguyen Ngoc Bich wrote in his 23 Aug letter prefacing the association’s July report.

“Unfavourable weather conditions and prevailing low rubber prices have…

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