NATURAL RUBBER (NR) PRICES
(IRCo'S DAILY COMPOSITE PRICE - DCP)
28 November 2019    IRCo’s DCP 143.08 US Cents/Kg (+0.40 US Cents)    14-Day Moving Average 140.38 US Cents/Kg (+0.44 US Cents)

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

28 November 2019    RSS3 155.00 US Cents/Kg (46.85 THB/Kg)    STR20 140.38 US Cents/Kg (43.20 THB/Kg)    SIR20 141.20 US Cents/Kg (19,907 IDR/Kg)    SMR20 140.25 US Cents/Kg (576.50 MYR/Kg)

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

28 November 2019    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