Global Platform for Sustainable Natural Rubber’s new policy framework, which was approved in the recently general assembly, will provide a clear framework for GPSNR company members to establish/ update supply chain commitments through their natural rubber purchasing policies.

It covers specifies key commitment details to no deforestation/conversion/degradation, upholding human rights, supply chain transparency and monitoring and reporting.

Members who joined GPSNR before the GPSNR General Assembly 2020 will be expected to have policies or other documents aligned with these requirements within 6 months after adoption by the General Assembly. Members who join after the GPSNR General Assembly 2020 will be expected to align with these policies within 6 months of joining GPSNR.

aModeled around the Platform’s 12 Principles of Sustainable Natural Rubber, the new policy framework sets out eight overarching themes that include commitments to legal compliance, community livelihoods, healthy, functioning ecosystems (including no deforestation), and respecting all human rights.

“This is a tremendous milestone for the Platform and for the natural rubber industry. In just under two years, GPSNR members developed and approved concrete policy commitments for companies to integrate into their sustainable natural rubber policies. Today, and despite the challenges we all faced during this global pandemic, GPSNR members send a signal to the world about their commitment to achieving a fair, equitable and environmentally sound future” said GPSNR Director Stefano Savi.

Around 85% of the world’s natural rubber is produced by smallholders. In order to transform a sector that is primarily reliant on smallholder producers, GPSNR is embracing smallholder inclusivity and a concept of shared responsibility through the establishment of a Shared Responsibility Working Group, which will identify how the responsibilities and costs of implementation can be equitably distributed across all stakeholder categories, with the understanding that smallholders should not carry the burden of a higher cost to implement sustainability activities in complying with the policy or implementation guidance to be developed.

“Smallholders are a crucial link in the natural rubber value chain, and they have a key role to play in driving awareness on-the-ground and setting the global agenda for sustainable natural rubber” remarked Director Savi.

This year, GPSNR welcomed 28 smallholder members from seven rubber-producing countries. These smallholders now constitute a newly approved standalone category and play an equal role in decision-making within GPSNR alongside the other four categories: producers, processors, and traders; tire manufacturers and other natural rubber makers/buyers; car manufacturers, other downstream users and financial institutions; and civil society.

GPSNR’s virtual General Assembly drew more than 120 attendees, including members of the Platform, partners and invited guests. In addition to voting on resolutions, GPSNR members also elected representatives to the 2020-2021 Executive Committee, which comprises representatives from each of the membership categories. And for the first time, three newly elected smallholder producers with diverse geographical backgrounds will participate in Executive Committee discussions and decision-making.

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The Rubber Board of India has confirmed the continuation of all existing central sector schemes for the 2026-27 fiscal year at unchanged rates. Financial aid for new planting will be restricted to estates utilising poly bag or root trainer plants sourced solely from Board-approved nurseries, with applicants required to submit the original purchase bill. This mandatory verification step aims to ensure quality and authenticity of planting materials used across the sector.

Support for rain guarding and spraying operations will be channelled exclusively through Rubber Producers’ Societies. These societies must include GST bills for all acquired materials when applying. The official timeline for submitting applications will be announced separately by the Board, giving producers adequate time to prepare documentation and coordinate with their respective societies before the deadline.

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The Rubber Board of India has announced a temporary engagement for a young professional within its Market Promotion Division, located at the RRII campus in Puthuppally, Kottayam. The selected individual will assist with division activities and promote ‘mRube’, the electronic trading platform for natural rubber.

Candidates must hold an MBA in Marketing or Agri Business Management with computer knowledge, while skills in digital marketing, sales or market research and proficiency in English and Hindi are preferred. Applicants aged up to 30 years as of 1 May 2026, will be considered for the one-year role, which offers a consolidated monthly pay of INR 25,000.

Interested individuals should send their applications to the Deputy Director (Marketing) at the Central Laboratory Building, RRII, Rubber Board PO, Kottayam – 686009 by 19 May 2026. Shortlisted names will appear on the Rubber Board’s website with interview details, as no separate communication will be sent.

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Bekaert has officially finalised its acquisition of Bridgestone’s tyre reinforcement operations in China and Thailand, after securing all necessary regulatory approvals and meeting standard closing conditions. The deal, now fully completed, marks a significant step in the Belgian company’s expansion strategy.

The transaction brings under Bekaert’s control two production facilities: Bridgestone (Shenyang) Steel Cord Co., Ltd. in China and Bridgestone Metalfa (Thailand) Co., Ltd. in Thailand. These plants specialise in manufacturing high-quality tyre cord products exclusively for Bridgestone tyres, and they will continue to supply Bridgestone under the new ownership, further deepening the longstanding partnership between the two firms.

Financially, the acquisition is expected to add roughly EUR 80 million to Bekaert’s annual consolidated sales. The EUR 60 million cash consideration for the deal was funded from the company’s available cash reserves.

Curd Vandekerckhove, CEO Rubber Reinforcement, said, “With the completion of this acquisition within our Rubber Reinforcement division, we are pleased to officially welcome the plant teams in China and Thailand to Bekaert. Our immediate focus is on a smooth transition and operational continuity while continuing to serve Bridgestone as a key strategic partner. The completion of the acquisition further strengthens the position of Bekaert in the tyre cord market, expands the global manufacturing footprint and deepens our longstanding partnership with Bridgestone. A long-term supply agreement ensures continued delivery of high-quality tyre reinforcement within a trusted supplier model.”

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The Association of Natural Rubber Producing Countries (ANRPC) has released its Monthly NR Statistical Report for March 2026, revealing a market that turned external pressures into clear price gains. While February had hinted at shifting dynamics, March provided proof of the industry’s core strength, with prices rising across all major grades and trading hubs despite an unusually challenging global environment. A 3.4 percent drop in monthly output and a dramatic 42.51 percent spike in Brent crude prices allowed natural rubber to advance rather than retreat.

Benchmark grades recorded widespread increases. In Kuala Lumpur, SMR-20 reached an average of USD 2.04 per kilogramme, while Bangkok saw STR-20 climb to USD 2.20 and RSS-3 jump to USD 2.56 per kilogramme. Kottayam’s RSS-4 averaged USD 2.35, and centrifuged latex in Kuala Lumpur rose sharply to USD 1.72 per kilogramme. Futures markets echoed the trend, with Shanghai’s May contract averaging CNY 16,662 per tonne and Singapore’s June contract closing at USD 1.95 per kilogramme.

The supply situation tightened considerably. Global March production is forecast at 786,000 tonnes, with Thailand’s output falling to 164,000 tonnes as southern growing regions endured temperatures of 42 to 43 degrees Celsius and rainfall up to 69 percent below normal levels. These punishing conditions sent a clear message that the market can absorb demand without chaotic price swings, a sign of a maturing commodity sector.

Demand told a similarly positive story. China’s natural rubber consumption surged from 446,000 tonnes in February to 610,000 tonnes in March, supported by a manufacturing PMI of 50.4, a 74.4 percent monthly rise in vehicle output, and a 130 percent annual leap in new energy vehicle exports. Chinese imports jumped 39.03 percent month-on-month to 629,800 tonnes, while Vietnam, Malaysia and Thailand boosted exports by 47.34 percent, 13.73 percent and 8.3 percent, respectively.

The oil market further strengthened natural rubber’s competitive edge. With Brent crude averaging over USD 101 per barrel and peaking at USD 126.69 on 31 March, synthetic rubber became significantly less cost-effective, giving tyre makers a strong incentive to favour natural rubber. Policy moves also bolstered confidence, including Malaysia’s replanting aid increase to RM 20,000 per hectare and a new Indonesian research partnership on high-yield rubber tree genetics.

Looking ahead to the second quarter, the market enters the seasonal low-yield period with firming demand. New energy vehicle growth across Asia, an elevated oil floor, replanting investments and tightening supply all point to constructive pricing. Risks like trade disputes, weather extremes and geopolitical tensions remain, but March data shows an industry turning uncertainty into opportunity.

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