Skip to main content
Sister Publication Links
  • Rubber News
  • European Rubber Journal
Subscribe
  • Login
  • Register
  • Subscribe
  • Current Issue
  • BEST PLACES TO WORK
  • News
    • HUMANITARIAN
    • TIRE MAKERS
    • COMMERCIAL TIRE
    • GOVERNMENT & LAW
    • MERGERS & ACQUISITIONS
    • OBITUARIES
    • OPINION
    • MID YEAR REPORT
    • SERVICE ZONE
  • ADAS
  • Data
    • DATA STORE
  • Custom
    • SPONSORED CONTENT
  • Resources
    • Events
    • DIRECTORY
    • CLASSIFIEDS
    • SHOP FLOOR
    • AWARDS
    • ASK THE EXPERT
    • LIVESTREAMS
    • WEBINARS
    • SEMA LIVESTREAMS
    • RUBBER NEWS EVENTS
    • BALANCING
    • DEMOUNTING
    • SAFETY
    • TIRE REPAIR
    • TPMS
    • TRAINING
    • VEHICLE LIFTING
    • WHEEL TORQUE
    • Best Places to Work
  • ADVERTISE
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
February 29, 2012 01:00 AM

ANRPC projects NR production of 10.5 million tons in 2012

Crain News Service
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    KUALA LUMPUR (Feb. 29, 2012) — Natural rubber (NR) production from the Association of Natural Rubber Producing Countries' (ANRPC) 11 member nations will reach 10.5 million metric tons in 2012, 200,000 more than in 2011, the ANRPC said in the February edition of its monthly bulletin, Natural Rubber Trends and Statistics.

    Both the 2011 and 2012 figures are revised upward from January, based on upward revisions of production figures from member countries, according to the February report.

    “Economic trends have finally taken a gradual turn in favor of natural rubber,” said ANRPC Secretary-General Kamarul Baharain Basir in an opening letter in the bulletin.

    A number of factors are making NR's future look brighter, according to Mr. Basir. These include pro-growth policies in China and India, combined with slower inflation in both countries; a seasonal shortage of NR supply; a rise in crude oil prices; and the depreciation of the Japanese yen against the appreciation of the currencies of NR-producing countries, he said.

    Despite the increase in NR production, there will be a 3.4-percent drop in total NR exports in this year's first quarter, compared with the same period last year, the bulletin said. Continuing high levels of NR stock in China are to blame, it said. However, Chinese stocks are expected to fall to 250,000 tons by the end of March 2012 from the 356,000 recorded at the end of December 2011. That plus a shift in Chinese industrial policy could bring exports out of the doldrums in the second quarter, the ANRPC said.

    ANRPC member countries are Cambodia, China, India, Indonesia, Malaysia, Papua New Guinea, Philippines, Singapore, Sri Lanka, Thailand and Vietnam. Together they account for about 93 percent of the world's natural rubber production, according to the organization.

    This report appeared on the website of European Rubber Journal, a U.K.-based sister publication of Tire Business.

    Letter
    to the
    Editor

    Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Tire Business would love to hear from you. Email your letter to Editor Don Detore at [email protected].

    Most Popular
    1
    Goodyear to trim jobs amid 'uncertain' economic outlook
    2
    Natural rubber production impacted by ‘severe' leaf disease outbreak
    3
    Point S launches aggressive growth plan
    4
    Yokohama secures OE fitments on 2023 Prius models
    5
    Executives on the move: Hankook promotes key U.S. positions
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Newsletter Center

    Staying current is easy with Tire Business delivered straight to your inbox.

    SUBSCRIBE TODAY

    Subscribe to Tire Business

    SUBSCRIBE
    Connect with Us
    • Facebook
    • LinkedIn
    • Twitter
    • Instagram
    • RSS

    Our Mission

    Tire Business is an award-winning publication dedicated to providing the latest news, data and insights into the tire and automotive service industries.

    Reader Services
    • Staff
    • About Us
    • Site Map
    • Industry Sites
    • Order Reprints
    • Customer Service: 877-320-1716
    Partner Sites
    • Rubber News
    • European Rubber Journal
    • Automotive News
    • Plastics News
    • Urethanes Technology
    RESOURCES
    • Advertise
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Media Guide
    • Editorial Calendar
    • Classified Rates
    • Digital Edition
    • Careers
    • Ad Choices Ad Choices
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • BEST PLACES TO WORK
    • News
      • HUMANITARIAN
      • TIRE MAKERS
      • COMMERCIAL TIRE
      • GOVERNMENT & LAW
      • MERGERS & ACQUISITIONS
      • OBITUARIES
      • OPINION
      • MID YEAR REPORT
      • SERVICE ZONE
    • ADAS
    • Data
      • DATA STORE
    • Custom
      • SPONSORED CONTENT
    • Resources
      • Events
        • ASK THE EXPERT
        • LIVESTREAMS
        • WEBINARS
        • SEMA LIVESTREAMS
        • RUBBER NEWS EVENTS
      • DIRECTORY
      • CLASSIFIEDS
      • SHOP FLOOR
        • BALANCING
        • DEMOUNTING
        • SAFETY
        • TIRE REPAIR
        • TPMS
        • TRAINING
        • VEHICLE LIFTING
        • WHEEL TORQUE
      • AWARDS
        • Best Places to Work
    • ADVERTISE
    • DIGITAL EDITION