Prices for Standard Thai Rubber 20 and Rubber Smoked Sheets 3 from Bangkok also were less volatile in August than in previous months, it said.
All ANRPC member countries except Thailand reported NR production increases. Thailand, the world's largest NR producers, fell 1.1 percent to 2.64 million tons in January-August 2017 from 2.67 million tons during the same period in 2016, the report said.
Total NR production from ANRPC countries grew 5.1 percent in the eight-month period, to 7.2 million tons from 6.8 million, it said.
NR demand in ANRPC countries slipped 0.3 percent in January-August, to 5.42 million tons from 5.41 million. The association recorded softer demand in China, Sri Lanka and the Philippines during the period.
In other news, the ANRPC has scheduled its 10th Annual Rubber Conference for Oct. 23 at the White Palace Convention Centre in Ho Chi Minh City, Vietnam.
"Re-engineering Value Chain for Revitalizing Production Sector" is the theme of this conference, which will be attended by about 3000 rubber industry players, analysts and policymakers from 15 countries, the ANRPC said.
ANRPC Secretary General Nguyen Ngoc Bich will address the conference on the topic, "Optimizing supply-chain infrastructure of global NR industry" and moderate a panel on, "Value addition in major natural rubber exporting countries."
Other presentations include:
- "What farmers can gain from an efficient supply chain," by Diego Esperante, executive director of the Sao Paulo Association of Producers and Processors;
- "Guidelines for sustainable natural rubber industry," by Sun Lihui, director of the Development Department for the China Chamber of Commerce, Metals, Minerals and Chemicals;
- "Increasing influence of Shanghai futures on farmers' income" by Patrick Yeo Ek Meng, vice president, Straits Financial, Singapore; and
- "Markets run by farmers: Experience across ANRPC member countries," a panel moderated by A. Ajith Kumar, executive director & chairman of the Rubber Board of India.