Natural Rubber

According to Association of Natural Rubber Producing Countries (ANRPC), global natural rubber output would fall 2.2% to 8.9 million tonnes in 2009. It also reported that Thailand, which accounts for about 33% of the global supply, has dropped its production by 13.9% during the first two months of 2009, whereas Indonesia, which accounts for around 29%, has reduced its production by 6% expecting to bring down the global supply by 165,000 tonnes. The group revised down the production forecasts of India for 2009 in the backdrop of a severe drought during the first quarter of the year 2009 in the country’s major rubber-growing region. Since the auto industry has been showing signs of recovery, demand for rubber by tyre companies has increased and tight supplies have led to an increase of 37% in the rubber price over March 2009.

  • Like this story? Get our top stories by email.

    User 

    We are listening!

    Solve the equation and enter in the Captcha field.
      Loading...
    Close

    To continue


    Please
    Sign Up or Sign In
    with

    Email
    Close

    To continue


    Please
    Sign Up or Sign In
    with

    Email

    BUY NOW

    online financial advisory
    Pathbreakers
    Pathbreakers 1 & Pathbreakers 2 contain deep insights, unknown facts and captivating events in the life of 51 top achievers, in their own words.
    online financia advisory
    The Scam
    28 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
    Moneylife Online Magazine
    Fiercely independent and pro-consumer information on personal finance
    financial magazines online
    Stockletters in 4 Flavours
    Outstanding research that beats mutual funds year after year
    financial magazines in india
    MAS: Complete Online Financial Advisory
    (Includes Moneylife Online Magazine)