Natural rubber production rises by 0.4% in first eleven months in 2016
Report from ANRPC showed that global natural rubber production yearly rose by 0.4% to 10,106,000 tons in the past eleven months in 2016.
Amongst, natural rubber production in Thailand, Vietnam, Indian respectively rose by 1.3%, 4.8% and 7.4% at the same time but China and Malaysia kept down trend.
Rubber export (including synthetic rubber and compound rubber export to China) in Thailand increased 4.9% compared to the first eleven months of 2015, also showed two digital growth in Vietnam and Cambodia, but had different decrease in Indonesia and Malaysia.
Report also said natural rubber production will show slightly increase and export will show slightly decrease in 2016, while consumption will yearly rose by 4%, and import will yearly down by 1.4%.
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