Media Release by International Tripartite Rubber Council (ITRC) on 13 December 2018, Putrajaya, Malaysia
The officials from Thailand, Indonesia and Malaysia under the framework of the International Tripartite Rubber Council (ITRC) met on 12 – 13 December 2018 in Putrajaya, Malaysia to address the prolonged low and unremunerative NR prices. 2. The Meeting deliberated on the current global NR market situation and analysed the relevant NR and other market […]
The Analysis of Natural Rubber (NR) Stock
The analysis comprises the relationship between the NR stock and price in SHFE, the level of NR stock in Qingdao as compared to China’s monthly NR consumption and the importance of sustainable NR supply to meet the consumption. 1) The Relationship between the NR Stock and Price in SHFE: SHFE NR Stock Increases but It […]
Australia’s Weather Bureau Issues La Nina Alert
Australia’s Weather Bureau Issues La Nina Alert 22 November 2017 By Reuters (Charlotte Greenfield, Henning Gloystein) Australia’s Bureau of Meteorology has issued an alert for a La Nina weather event starting next month, saying the chance it would take place was triple the normal likelihood. The weather occurrence La Nina is triggered when sea surface temperatures […]
Vietnam Joins Council of World’s Top Rubber Producers
Vietnam Joins Council of World’s Top Rubber Producers15 September 2017 By Reuters Thailand’s agriculture minister said on Friday that Vietnam will join the International Tripartite Rubber Council (ITRC), representing the world’s top natural rubber producers, in an effort to ensure stability amid global price concerns. The members of the ITRC – Thailand, Malaysia and Indonesia […]
Joint Communique – ITRC Ministerial Committee Meeting 2017
Current Natural Rubber Price Trend Not Reflective Of Fundamentals
Current Natural Rubber Price Trend No Reflective Of Fundamentals 28 August 2017By Media OutReach A Joint Meeting between Senior Officers of the International Tripartite Rubber Council (ITRC) and Board of Directors of the International Rubber Consortium (IRCo) has concluded that the current price of Natural Rubber (NR) is not reflective of the economic fundamentals that affect it. While the […]
Media Release
MEDIA RELEASEBY THE INTERNATIONAL TRIPARTITE RUBBER COUNCIL (ITRC) AND THE INTERNATIONAL RUBBER CONSORTIUM (IRCo) CURRENT NATURAL RUBBER (NR) PRICE TREND IS NOT REFLECTIVE OF ITS FUNDAMENTALS 4 AUGUST 2017 BANGKOK, THAILAND The Joint Meeting between Senior Officers of the International Tripartite Rubber Council (ITRC) and the International Rubber Consortium (IRCo) Board of Directors was held […]
Malaysia’s Rubber Exports to Surpass RM20 Billion in 2017
Malaysia’s Rubber Exports to Surpass RM20 Billion in 2017 23 May 2017 By Ooi Tee Ching Malaysia’s rubber exports is expected to rise by 10 per cent to surpass RM20 billion this year, up from RM18.12 billion registered in 2016. This increase is due to higher global demand said Malaysia’s Plantation Industries and Commodities Minister Datuk […]