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ANRPC: Global natural rubber production is expected to increase by 1.4% to 13.79 million tons in 2021

 Last Update: 2021-11-15
 Source: Internet
 Author: User

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ANRPC's latest September report predicts that in 2021, global natural rubber production is expected to increase by 1.
4% year-on-year to 13.
787 million tons
.
Among them, Thailand decreased by 3.

9%, Indonesia increased by 2.

Global natural rubber production is expected to increase by 2.
2% to 1.

297 million tons in September

In 2021, global natural rubber consumption is expected to increase by 8.
9% year-on-year to 14.

116 million tons

Global natural rubber consumption is expected to fall by 2.
3% to 1.

155 million tons in September

In September, despite the positive market fundamentals in the natural rubber market, compared with the previous month, prices in the natural rubber spot and futures markets have been bearish
.
FOB prices in Bangkok and Kuala Lumpur standard rubber markets contracted by an average of 5%

The COVID-19 pandemic has existed for nearly two years, and countries have tried to help people and businesses through various programs to stimulate the post-pandemic economy
.
Although countries have increased their vaccination rates in order to achieve herd immunity, the possible threat of an outbreak of COVID-19 Delta variants still exists

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