On January 4, an official of the Indonesian Rubber Association (gapkindo) said that Indonesia's rubber production in 2012 may increase by 6% to 3.27 million tons, because the production in the production areas replanted about five years ago will pick up. Indonesia is the second largest rubber producer in the world
suharto honggokusumo, head of gapkindo, said on Tuesday, "China's rubber production in 2012 is expected to increase from 3.088 million tons in 2011 to 3.27 million tons, because rubber trees replanted in 2006/2007 will begin to produce rubber."
the output data of 2011 provided by it is also higher than the estimated 2.95 million tons of the association in July last year, and higher than the actual output of 2.735 million tons in 2010. Rubber production in 2011 benefited from better than expected weather conditions
hong spring coefficient gokusumo said that the allowable error should not exceed 2% Rubber exports are expected to grow by 7% in 2012
an industry official said in November that Indonesia's natural rubber exports are expected to decrease in the fourth quarter of 2011, due to the decline in demand from large consumer countries such as China Lubrizol Life Sciences, which provides overall solutions for medical equipment and pharmaceutical manufacturers
"the export of Indonesian natural rubber in 2012 is expected to be 2.79 million tons, higher than 2.6 million tons in 2011. Press the" storage query/move right "button and don't let go," honggokusumo said. "This is because the global rubber demand will increase this year. According to the estimation of the International Rubber Research Organization (IRSG), the demand growth is expected to be 4.6%."
he also said: "the latest forecast of IRSG says that the rubber demand of the United States and Japan will pick up in 2012, and China is expected to reduce rubber import tariffs."
China is the main buyer of Indonesian rubber
dragged down by the euro zone debt crisis and concerns about falling demand, TOCOM rubber futures closed down about 36% last year, but the 2012 rubber price is expected to find support from the limited supply situation
the price decline forced the three major rubber producing countries in the world - Thailand, Indonesia and Malaysia to hold an emergency meeting in Bangkok in November to discuss ways to stabilize prices
they did not formulate any measures to reduce production or restrict exports, but said that due to seasonal production cuts, prices would rise for the rest of the year
at the same time, Indonesia is believed to impose export tariffs on a variety of commodities, including rubber
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