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NATURAL RUBBER (NR) PRICES
(IRCo'S DAILY COMPOSITE PRICE - DCP)
23 October 2020    IRCo’s DCP 170.08 US Cents/Kg (+0.14 US Cents)    14-Day Moving Average 157.07 US Cents/Kg (+1.72 US Cents)

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

23 October 2020    RSS3 – – – US Cents/Kg (– – – THB/Kg)    STR20 – – – US Cents/Kg (– – – THB/Kg)    SIR20 164.60 US Cents/Kg (25,584 IDR/Kg)    SMR20 165.50 US Cents/Kg (674.50 MYR/Kg)    Note: The market in Thailand was closed on 23 October 2020

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

23 October 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