IRCo

Media Release by the International Tripartite Rubber Council (ITRC) on 5 December 2019 in Jakarta, Indonesia

1.     The Senior Officials from Thailand, Indonesia and Malaysia (TIM) under the framework of the International Tripartite Rubber Council (ITRC) met at its 33rd Meeting on 4th and 5th December 2019 in Jakarta, Indonesia. The meeting discussed the current global natural rubber (NR) market situation in particular on the unfavourable rubber prices affecting the sustainability […]

Media Release by the International Tripartite Rubber Council (ITRC) and the International Rubber Consortium (IRCo) on 6 November 2019, Bangkok, Thailand

1.      Representatives from Member Countries of the International Tripartite Rubber Council (ITRC) namely Thailand, Indonesia and Malaysia (TIM) have met several times to discuss and analyse the prevailing market situations of natural rubber (NR) including implementation of reduction, export value, affected production by disease and price. 2.      ITRC Member Countries have completed the implementation of […]

The Outbreak of Pestalotiopsis Disease Affecting Huge Hectarage of Rubber Plantations in Indonesia

Pestalotiopsis disease (Fungal disease) is affecting 382,000 hectares of rubber plantations in Indonesia especially South and North Sumatra, Bangka Belitung as well as South, Central and West Kalimantan. Due to the disease, Indonesia’s natural rubber production is expected to drop 15% in 2019 compared to 2018’s production of 3.76 million. For more information, please see […]

Media Release by the International Rubber Consortium (IRCo) on 19 August 2019, Bangkok, Thailand

1.     The Board of Directors (BoD) of the International Rubber Consortium (IRCo) consisting of representatives from Thailand, Indonesia and Malaysia (TIM) met on 16 August 2019 in Bangkok, Thailand. 2.     The Meeting was updated on the performance of implementing the 6th Agreed Export Tonnage Scheme (AETS) by ITRC Member Countries. TIM confirmed their […]

Media Release by the International Tripartite Rubber Council (ITRC) on 1 July 2019, Krabi, Thailand

The Senior Officials from Thailand, Indonesia and Malaysia under the framework of the International Tripartite Rubber Council (ITRC) met on 27 June 2019 in Krabi, Thailand. The meeting discussed the current global natural rubber (NR) fundamentals under the schemes of ITRC namely the Supply Management Scheme (SMS), Demand Promotion Scheme (DPS) and Agreed Export Tonnage […]

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