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ANRPC's latest report shows that in April 2021, global natural rubber production is expected to increase by 22.
5% to 903,000 tons
.
Among them, Thailand increased by 26.
5%, Indonesia increased by 2.
8%, Vietnam increased by 100%, and Malaysia increased by 9.
8%
.
Global natural rubber consumption is expected to increase by 15.
1% to 1.
129 million tons in April
.
Among them, China increased by 9.
2%, India increased by 915%, Thailand decreased by 2.
4%, and Malaysia increased by 15.
8%
.
Despite the favorable fundamentals of the natural rubber industry, the futures and spot market prices fluctuated significantly compared with the previous month, showing a V-shaped trend
.
The global new crown pneumonia epidemic is worrying, and many countries have implemented different levels of lockdowns in response to the epidemic
.
This may result in delays in resuming economic activity due to health considerations
.
In addition, since the commodity market is relatively sensitive to the global economy, urgent issues such as geopolitical tensions and trade disputes may also bring other uncertainties
.
5% to 903,000 tons
.
Among them, Thailand increased by 26.
5%, Indonesia increased by 2.
8%, Vietnam increased by 100%, and Malaysia increased by 9.
8%
.
Global natural rubber consumption is expected to increase by 15.
1% to 1.
129 million tons in April
.
Among them, China increased by 9.
2%, India increased by 915%, Thailand decreased by 2.
4%, and Malaysia increased by 15.
8%
.
Despite the favorable fundamentals of the natural rubber industry, the futures and spot market prices fluctuated significantly compared with the previous month, showing a V-shaped trend
.
The global new crown pneumonia epidemic is worrying, and many countries have implemented different levels of lockdowns in response to the epidemic
.
This may result in delays in resuming economic activity due to health considerations
.
In addition, since the commodity market is relatively sensitive to the global economy, urgent issues such as geopolitical tensions and trade disputes may also bring other uncertainties
.
