The ASEAN Rubber Business Council, formerly known as the ASEAN Rubber Business Club was founded on 23 October 1992 in Jakarta, Indonesia under the sponsorship of four natural rubber producing and trading nations in the ASEAN region, namely Rubber Association of Indonesia (GAPKINDO); the Malaysian Rubber Exchange (MRE) /the Federation of the Rubber Trade Associations of Malaysia (FRTAM); the Rubber Trade Association of Singapore (RTAS); and the Thai Rubber Association (TRA). The Vietnam Rubber Association (VRA) and the Association for Rubber Development of Cambodia (ARDC) were later admitted as the fifth and sixth members respectively of the ARBC.

    The membership of the ARBC is open to organizations within the ASEAN region whose members are engaged in the production or marketing of natural rubber and all other organizations as approved by the members of the ARBC.

    Among the objectives of ARBC is to establish closer rapport through exchanges of market information, to consult and discuss common trade practices, to monitor the progress and development of the NR industry in member countries and to foster closer coordination, cooperation and goodwill between the private sectors amongst member organizations.