Meanwhile, the Association of Natural Rubber Producing Countries (ANRPC) has stated that, despite several negative factors, world production of NR is expected to outstrip consumption by 198,000 tonnes in 2019. "As a result of unattractive prices, poor demand from China, fungal diseases and unfavourable weather conditions, the world production of NR is anticipated to increase only by 0.2 per cent to 13.897 million tonnes in 2019, lower than earlier estimate of 14.073 million tonnes," media reports say quoting Jom Jacob, ANRPC senior economist.
展开▼
