This month, the natural rubber prices exhibited notable fluctuations, primarily driven by increased tapping activities attributed to favourable weather conditions. However, there are significant concerns regarding diminished demand from the tyre industry, compounded by uncertainties related to trade tariffs.
During this month, trade tensions have diminished because of negotiations between the United States and China, which took place in the middle of the month. These discussions have fostered a more cooperative atmosphere, potentially eased previous conflicts, and led to a more stable trade environment.
Recent reports from ANRPC member countries indicate that global NR production is anticipated to increase modestly by 0.5% in 2025 compared to 2024. Concurrently, demand for natural rubber is forecasted to experience a modest growth, projected at 1.3% for 2025. This expected moderation in growth coincides with rising apprehensions about a potential global economic slowdown, driven by the complexities associated with U.S. tariffs and the likelihood of diminished trade activity due to higher import prices for rubber products.
Source: anrpc