ANRPC releases natural rubber trends up to May 2021

According to the ANRPC (Association of Natural Rubber Producing Countries), its preliminary estimates up to May 2021 suggest that world production of natural rubber (NR) in 2021 is anticipated to grow at 5.8%, year-on-year, to 13,812,000 tons. World demand of NR is estimated at 6.7% growth, up to 13,679,000 tons over the same period.

This revised outlook suggests a relatively balanced global NR market for the rest of the year.

Source: Tire Technology International