In conjunction with the Rubber Trade Association of Singapore (RTAS) Lunar New Year Dinner, which was held on 1st March 2024, the ASEAN Rubber Business Council (ARBC) organized two hybrid meetings on 2nd March 2024: 30th Meeting of Technical Committee and Contract Matters (TCCM) and 24th Economics Statistics Committee (ESC) Meeting at Orchard Hotel Singapore. The meeting provided a platform for members to exchange views of common issues concerning rubber trade matters impacting all members. Among the important matters discussed in the meetings were international rubber trade contracts, the current market conditions, issues on international rubber trade, natural rubber (NR) statistics, prices, market outlook as well as the administrative matters of the organisation. Both the 30th TCCM and 24th ESC were chaired by Mr. Teo Soon Huat from Federation of the Rubber Trade Associations of Malaysia (FRTAM).
Representatives from association members of ARBC that attended the meetings physically were Rubber Trade Association of Singapore (RTAS), Thai Rubber Association (TRA), Rubber Trade Association of Indonesia (GAPKINDO), Association for Rubber Development of Cambodia (ARDC) and FRTAM. Myanmar Rubber Producers & Planters Association (MRPPA) attended the meetings both physically and virtually. Meanwhile, Vietnam Rubber Association (VRA) attended the meetings on Zoom platform. MRE which is a unit under the Malaysian Rubber Board (MRB) is a permanent secretariat for ARBC.
