NATURAL RUBBER (NR) PRICES
(IRCo'S DAILY COMPOSITE PRICE - DCP)
17 February 2020    IRCo’s DCP 139.22 US Cents/Kg (+1.07 US Cents)    14-Day Moving Average 136.92 US Cents/Kg (-0.05 US Cents)

PHYSICAL SPOT PRICES
OF THAILAND, INDONESIA AND MALAYSIA (TIM)

17 February 2020    RSS3 155.57 US Cents/Kg (48.50 THB/Kg)    STR20 138.25 US Cents/Kg (43.10 THB/Kg)    SIR20 139.20 US Cents/Kg (19,060 IDR/Kg)    SMR20 138.05 US Cents/Kg (562.50 MYR/Kg)

REGIONAL RUBBER MARKET (RRM)
/DAILY MARKET INDICATIVE PRICES (DMIP)

17 February 2020    Thailand USD – – –    Indonesia USD – – –    Malaysia USD – – –

OUR IRCo

On 12 December 2001, the three major natural rubber (NR) producers namely Thailand, Indonesia and Malaysia signed a Joint Ministerial Declaration (Bali Declaration 2001) in Bali, Indonesia pledging to work collectively to ensure fair and remunerative income for rubber smallholders of the three countries.

To achieve a long term price trend that is stabilised,
sustainable and remunerative to the farmers

To maintain a supply-demand balance to ensure adequate
supply of natural rubber in the market at fair prices

NR STATISTICS

Production

Consumption