Natural rubber prices to keep rising

 

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Accompanied by a decline in the production of natural rubber, natural rubber prices to keep rising

According to Natural Rubber Producing Countries (ANRPC) statistics, in 2009, in addition to the production of China and Sri Lanka have increased the production of other countries has shown a decline, the world's natural rubber production compared with 2008, the decrease of about 5.1% .

 Investment Advisor in the chemical industry researcher Yi-Chi Chang, natural rubber production declined in 2009 mainly due to the impact of disasters, weather, government policies, as well as crop replanting and other factors. Yi-Chi Chang pointed out that the tapping season in 2009, the main producing countries are to varying degrees by the impact of disaster weather.

Thailand and Malaysia, for example, heavy rains and floods, the main rubber producing areas in India and Indonesia suffered unusually dry climate, these climatic factors lead to reduced production of natural rubber. Government policies, Yi-Chi Chang believes that due to financial crisis led to the downturn in export demand for rubber in 2009, rubber prices decline, the main rubber producing countries in order to support the market price of natural rubber, reduced the production of natural rubber.

 

According to the 2010-2015 China Rubber Industry Investment Analysis and Forecast published by the Investment Advisor in the report, Thailand, Indonesia and Malaysia agreed to jointly reduce natural rubber output in 2009 915,000 tons in December 2008. In addition, Yi-Chi Chang also pointed out that some of the main rubber producing countries of the rubber plantation replanting to other crops, and also reduces the production of rubber. According to the 2010-2015 China Rubber Industry Investment Analysis and Forecast published by the Investment Advisor in the report, in 2009, the Malaysian rubber planting area reduced by 20,000 ha, Vietnam has 16,700 hectares of rubber plantation replanting other crops.

 

According to the 2010-2015 China Rubber Industry Investment Analysis and Forecast published by the Investment Advisor in the report, Natural Rubber Producing Countries (ANRPC) member countries, including China, India, Indonesia, Malaysia, Papua New Guinea, Singapore, Sri Lanka , Thailand and Vietnam, the natural rubber production of the nine countries account for about 93% of global output.

Therefore, under the strong influence of human and non-human factors, along with the decline in production of natural rubber, natural rubber prices to keep rising!

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