KUALA LUMPUR, Malaysia (June 15, 2009)—The Association of Natural Rubber Producing Countries has said natural rubber production in major producing countries continued to fall, according to data available up to May.
In Thailand, which makes up 33 percent of the global NR supply, production fell annualized 21.6 percent during the first four months of this year, according to data from Rubber Research Institute of Thailand.
Indonesia's NR production fell less precipitously in the six months ended May, revealed by data from Directorate General of Perennial Crops of the Ministry of Agriculture. The country which is the second largest producer, accounting for 28 percent of the global output, logged 6.5 percent fall in production in January-May, from a year before.
Output in Malaysia fell 27.6 percent in the five months ended May 2009 from a year earlier because of rains that slowed tapping activity, low export demand, and an ongoing replanting program.
Production in Vietnam fell 21.7 percent in January-May from a year earlier largely because of replanting and the resultant shrinkage in tappable area.
India's NR output fell annualized 8.7 percent in the first five months of this year caused by unusually severe drought in the traditional rubber growing region of the country. The pace of output fall is anticipated to moderate to 2.5 percent for the three months ending August, according to forecasts from the Rubber Board of India.
China's output this year largely mirrors the previous year's drastic fall. The production anticipated for June is 71,000 metric tons, showing 18 percent rise from the same month in the previous year.