Decline in NR supply accelerates - ANRPC

ERJ staff report (DS)

Kuala Lumpur -- Global supply of NR declined by 6.4 percent in the 12 months to November 2009, according to new data from the Association of Natural Rubber Producing Countries (ANRPC). Also, for the first time, India outstripped Malaysia in production, ranking third after Thailand and Indonesia.

Total production of NR in Thailand, Indonesia, Malaysia, India, Vietnam, China, Sri Lanka and Cambodia is estimated to have fallen from 9.153 million tonnes in 2008 (January to December) to 8.570 million tonnes in the latest 12 months of 2009 for which data are available. In the rolling year to October 2009, supply had declined by just 5.1 percent. The ANRPC said it expects further falls in global supply.

The latest estimates for 2009 reveal that the production fell 8.3% in Thailand, 4.4% in Indonesia and 23.4% in Malaysia as compared to the corresponding rates of 6.8%, 4.1% and 18.0% reported a month ago.

Production in the year to date fell by 9.6 percent, 5.9 percent and 24.9 percent compared with the same period a year earlier in Thailand, Indonesia and Malaysia respectively. Production in India fell by just 7.6 percent, while China saw a 19.3 percent increase and Cambodia saw a massive 83.2 prcent increase.

In Malaysia, the anticipated production for 2009 (January to December) has been substantially revised down from 951 thousand tonnes to 820 thousand tonnes. India also revised the production anticipated for 2009 from 827 thousand tonnes to 822 thousand tonnes.

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