KUALA LUMPUR, Malaysia (Sept. 5, 2012)—Natural rubber production in member nations of the Association of Natural Rubber Producing Countries grew 1.4 percent in August 2012 compared with the same month in 2011, according to the August issue of the ANRPC publication, Natural Rubber Trends & Statistics.
Furthermore, NR production in October 2012 will actually decline, the ANRPC said.
August NR production increased to 983,000 tons, compared with 969,000 tons in August 2011, the association said. This compares with an 8-percent increase in August 2011, over the 895,000 tons produced in August 2010.
September 2012 NR production should grow 4 percent, to 986,000 tons over September 2011's 948,000 tons, the ANRPC said. But October production will slip 3.8 percent to 915,000 tons, compared with October 2011's 951,000 tons, it said.
Full-year production for 2012 should still be 4.7 percent more than 2011, at 10,833,000 tons compared with 10,342,000, the ANRPC said.
Exports of NR fell 2.4 percent in August, to 686,000 tons from 703,000 in August 2011. As with production, exports should increase slightly (4.1 percent) in September, to 712,000 tons from 684,000, but inch down 0.3 percent in October to 689,000 tons from 691,000.
NR production and exports will fall even more, if the plans announced Aug. 17 by the International Tripartite Rubber Council are as effective as the council's members—Thailand, Indonesia and Malaysia—intend.
In its “Agreed Export Tonnage Scheme,” the council will withdraw 300,000 tons of NR from export and remove mature Hevea trees from 100,000 hectares (247,000 acres) of NR-growing land.
The council is implementing these plans to shore up rubber prices and protect the interests of stakeholders in the NR industry, the ANRPC said.
Besides Thailand, Indonesia and Malaysia, the member nations of the ANRPC are Vietnam, Cambodia, Sri Lanka, India, China, and the Philippines.