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2 Types› Synthetic Rubber
› Natural Rubber
Uses› Tires and Tubes› General Rubber Goods (GRG)
Produced› Para Rubber Trees› S.E Asia› Rubber
Plantations Traded
› SICOM› TOCOM› C-COM
Production
› Cultivation
› Collection
Late 19th Century
1910-1940
WWII
OPEC Oil Embargo of 1973
Prices of Oil› Prices of Synthetic Rubber
Rise of Oil Prices
Natural Rubber Production(thousand tons) Largest Producers, 1961-2005
ITRO› Rubber Producers › What is this organization? › Why was it established? › Availability› Price Control
Price Stabilization Fund (PSF)
› Market Equilibrium Model Price Spectrum of 40%
±20%
International Natural Rubber Agreements (INRA)› What is it?› Who’s in it?› Objective?› 550,000 tons market intervention for
price stabilization
› What ended up happening?› 1998› Malaysia, Thailand, Sri Lanka with-
drawed (Sep. 1999) › 1979 and 1987 price stabilization
objective 206.98 cents per kilo from 210
Definition…
Rubber Board calls for tough stand on market speculators › Causes and Effects
Bibliography› Butler, Rhett A. "A Brief History of Rubber." Mongabay. 24 Aug. 1996. 3 Nov.
2008 <http://www.mongabay.com/copyright.htm>.› "Information on Rubber." Info Comm. 12 June 2007. UNCTAD. 3 Nov. 2008
<http://www.unctad.org/infocomm/anglais/rubber/sitemap.htm>› "Natural Rubber." Wikipedia. 3 Nov. 2008. Wikimedia Foundation Inc. 3 Nov. 2008
<http://en.wikipedia.org/wiki/natural_rubber>.› "Rubber FAQ's." RMA. 06 Sept. 2006. Rubber Manufacturers Association. 3 Nov.
2008 <http://www.rma.org/about_rma/rubber_faqs/>.› Zephyr, Frank, and Aldo Musacchio. "The International Natural Rubber Market,
1870-1930." EH.Net. 16 Mar. 2008. Miami University, Wake Forest University. 3 Nov. 2008 <http://eh.net/encyclopedia/article/frank.international.rubber.market>.
› "Economic Policies." Info.Comm. UNCTAD. 29 Oct. 2008 <http://http://www.unctad.org/infocomm/anglais/rubber/ecopolicies.htm>.
› "Economic Policies." Info.Comm. UNCTAD. 29 Oct. 2008 <http://http://www.unctad.org/infocomm/anglais/rubber/ecopolicies.htm>.
› "Monopolists and Speculators: British Investment In West African Rubber, 1905 1914." J Stor. 2000. J Stor. 5 Nov. 2008 <http://http://www.jstor.org/pss/181586>.
› "Rubber Board calls for tough stand on market speculators." Business Line. 02 Oct. 2007. 5 Nov. 2008 <http://http://www.thehindubusinessline.com/2007/10/02/stories/2007100250030700.htm>.