The world production of natural rubber (NR), including non- ANRPC member countries, during January to July 2017 period amounted to 6.838 million tonnes, up five per cent from same period in 2016. This was revealed by the Association of Natural Rubber Producing Countries (ANRPC) in its Natural Rubber Trends and Statistics report in July 2017. This is based on the actual figures up to April 2017 and preliminary estimates for May 2017 to July 2017.
“The NR production in Sri Lanka was affected by the prolonged unattractive rubber price and adverse weather. Hence, the production for January 2017 to July 2017 is again estimated with negative growth, down 0.4 per cent to 52,800 tonnes of NR, compared to the same period of 2016,” the report said.
There was a slight dip of 4.2 per cent in NR production in Thailand in the first seven months of 2017 when comoared to last year. Cambodia has recorded the fastest production growth among the ANRPC member countries to 88,000 tonnes, up by 32.3 per cent, compared to same period last year.
However, Thailand, Vietnam and China have revised its provisional annual production upward for the year 2017. These revisions were made on expectation for better production during second half of 2017, which also falls on its peak production season. The revised outlook of world supply is anticipated at 12.881 million tonnes of NR during the year compared to 12.797 million tonnes of NR reported in June 2017.
World production including non-ANRPC member countries, during January 2017 to October
2017 is anticipated at 10.461 million tonnes, up 5.3 per cent from 9.932 million tonnes reported during the same period a year ago. This is based on actual figures up to April, preliminary estimates for May to July and anticipated figures for August onwards.