The Natural Rubber Trends and Statistics report by the Association of Natural Rubber Producing Countries (ANRPC) in October 2018 has stated that the world production of natural rubber (NR) from January 2018 to October 2018 amounted to 11.468 million tonnes, an increase of 5.5% from the same period in a year earlier. The livelihood of rubber farmers was affected by the prevailing low rubber prices and unfavourable climate condition in member countries. In Sri Lanka, it was reported that about 10 percent of the rubber farmers have stayed away from tapping due to low prices. This also resulted in the production of the said country has fallen 2.7 percent to 68,000 tonnes during the reference period. The other members which experienced the fall in production are Vietnam (six percent), Malaysia (18.5 percent) and India (13.5 percent).
Production from January to October 2018 rose in Thailand (15.7 percent), Indonesia (4.8 percent), Cambodia (13.8 percent), the Philippines (7.5 percent) and China (1.4 percent), on a year-to-year basis, the report said.
The ANRPC report says that the production outlook of NR is anticipated to grow at 4.2 percent, amounting to 13.911 million tonnes in 2018.