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NATURAL RUBBER (NR) PRICES
(IRCo'S DAILY COMPOSITE PRICE - DCP)
3 December 2020    IRCo’s DCP 176.62 US Cents/Kg (+0.30 US Cents)    14-Day Moving Average 168.57 US Cents/Kg (+0.81 US Cents)

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

3 December 2020    RSS3 254.21 US Cents/Kg (76.85 THB/Kg)    STR20 169.53 US Cents/Kg (51.25 THB/Kg)    SIR20 167.50 US Cents/Kg (23,746 IDR/Kg)    SMR20 166.05 US Cents/Kg (664.50 MYR/Kg)

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

3 December 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.

RECENT NEWS

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