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Global natural rubber production in January increased 9.9% year-on-year

 Last Update: 2022-12-08
 Source: Internet
 Author: User

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Global natural rubber production rose 9.
9% year-on-year to 1.
22 million mt
in January, according to the latest ANRPC report.

Natural rubber

Among them, Thailand's growth rate will reach 10.
3%, while Indonesia's and Vietnam's growth rate will reach 1.
7% and 4.
7%
respectively.
Malaysia had the highest growth rate of 29.
5%.

In addition, the consumption of natural rubber in January will reach 1.
062 million tons, an increase of 8.
9%
year-on-year.
China's growth rate is expected to be 15.
7%.

Data show that in January, the export volume of member countries' tianjiao fell 9.
1% year-on-year to 735,000 tons
.

Among them, Thailand, Indonesia and Vietnam fell by 13.
2%, 10% and 3.
6% respectively, while Malaysia increased by 5.
3%.

During the same period, the import volume of tianjiao of member countries increased by 15.
1% year-on-year to 630,000 tons
.

The report also estimates that global natural rubber production in 2018 will be 13.
784 million tons, a year-on-year increase of 4.
5%.

Tianjiao consumption increased by 2.
8% to 13.
327 million tons
.
Oversupply of 457,000 tons
.

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