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    Home > Chemicals Industry > Rubber Plastic News > ANRPC: The relative balance of supply and demand in the global natural rubber market in 2021

    ANRPC: The relative balance of supply and demand in the global natural rubber market in 2021

    • Last Update: 2021-07-20
    • Source: Internet
    • Author: User
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    ANRPC's latest report stated that after the new crown epidemic broke out more than a year ago, tremendous changes have taken place in the world
    .
    Most countries are still fighting the epidemic, and millions of lives have been deprived
    .
    Under the epidemic, the human and economic order has been reshuffled, ushering in a new standard
    .


    The report's latest forecast in May indicates that global natural rubber production in 2021 is expected to increase by 5.
    8% year-on-year to 13.
    812 million tons
    .
    Among them, Thailand increased by 6.
    9%, Indonesia increased by 2.
    8%, China increased by 18.
    5%, India increased by 13.
    9%, Vietnam increased slightly by 4.
    2%, and Malaysia increased by 8.
    8%
    .


    Global natural rubber production is expected to increase by 7.
    8% to 982,000 tons in May
    .
    Among them, Thailand fell by 12.
    3%, Indonesia increased by 2.
    8%, Vietnam increased by 80%, and Malaysia increased by 90.
    1%
    .


    In 2021, global natural rubber consumption is expected to increase by 6.
    7% year-on-year to 13.
    677 million tons
    .
    Among them, China increased by 4.
    1%, India increased by 10.
    5%, Thailand decreased by 10%, and Malaysia increased by 4.
    3%
    .


    Global natural rubber consumption is expected to increase by 7.
    3% to 1.
    052 million tons in May
    .
    Among them, China increased by 5.
    5%, India increased by 1%, Thailand increased by 3%, and Malaysia decreased by 1.
    7%
    .


      Judging from the current adjustments, supply and demand in the global natural rubber market are expected to be relatively balanced in 2021
    .


      Although the global economy has recovered strongly from the impact of the epidemic under the leadership of the two major economies of China and the United States, the control of the epidemic is still the top priority of all countries
    .
    In some Southeast Asian countries, the number of new diagnoses in a single day has repeatedly hit new highs, and various restrictions that follow may have an indirect impact on the rubber economy
    .


      Mass vaccination is critical to restarting the economy, and achieving herd immunity requires countries to speed up vaccination
    .
    Regional cooperation such as ASEAN and China has pledged to strengthen vaccine cooperation to ensure the distribution of vaccine supply in response to the epidemic
    .

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