Wednesday, October 25, 2017

Global NR production up 5.4% during Jan-Sept 2017: ANRPC

During the first nine months of 2017, world production of natural rubber (NR), including non- Association of Natural Rubber Producing Countries (ANRPC) member countries grew 5.4% to 9.240 million tonnes on a year-on-year basis. Cambodia has recorded the fastest growth in production among ANRPC member countries from January to September 2017 at 31.5% followed by India (23%) and Malaysia (14.8%), said the latest Natural Rubber Trends and Statistics report by ANRPC in September 2017.
“Thailand, the largest NR producer, recorded the production growth at 1.3% during the period. Production of NR in Vietnam has slowed down from 11.6% reported in August 2017 to 10.7%. The slowdown could be attributed to the recent damage reported in rubber plantations caused by typhoon Doksuri, particularly in Central Vietnam. The local media has cited that the provinces were affected by the typhoon in Central Vietnam were Quang Tri, Ha Tinh and
Thanh Hoa provinces. Among these provinces, Vinh Linh District in Quang Tri province was badly hit by the typhoon, in which approximately 37% of its total rubber planted area were damaged,” the report said.
Malaysia has revised its country’s provisional production upward by 30,000 tonnes of NR to 730,000 tonnes in 2017. As a result, the revised outlook of world supply is expected to grow at 5.1%, amounting to 12.883 million tonnes of NR during year 2017 on a year-on-year basis. This revision also inclusive with a marginal adjustment made to China’s production for the year 2017 by 3,000 tonnes.
Based on actual figures up to June 2017, preliminary estimates for July to September 2017 and anticipated figures for October 2017 onwards, the world output of NR is expected at 12.884 million tonnes in 2017.

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