NR supply improved in January - ANRPC

ERJ staff report (DS)

Kuala Lumpur, Malaysia -- IN its latest bulletin, the ANRPC said, "Supply of natural rubber (NR) registered a marked improvement in January 2010. The uptrend, to a large extent, could be considered as a beginning of return to the normal level after the sharp fall in the drought-ridden first quarter of the previous year."

ANRPC said, "Supply in Thailand registered a robust 23.8%annualised growth in January 2010, as per datareported on Feb. 22 by the Rubber ResearchInstitute of Thailand. This is ascribed to anestimated 16,000 ha of area newly attained theyielding age, uptrend in rubber prices and afavourable weather. Thailand produced 353thousand tonnes of NR in January 2010 as against285 thousand tonnes in January 2009 and 326thousand in tonnes in January 2008."

In the case of Indonesia, it continued, "although separate figurefor January 2010 is not available, production duringthe year ending December 2010 is anticipated torise 6.7% to 2770 thousand tonnes. While theyielding area's expansion would be marginal (3,000ha), the average yield is anticipated to improve to999 kg/ha from 937 kg/ha in 2009, according thereport from the Directorate of Perennial Crops. Theaverage yield was 994 kg per ha in 2008."

Malaysia's production took a U-turn in January 2010, said the group, by registering 43.7% annualised growth inspite of a continuous sharp shrinkage in the yieldingarea from 2004 onwards. The Malaysian RubberBoard on Feb. 25 reported that the countryproduced 105.5 thousand tonnes in January 2010as compared to 73.4 thousand tonnes in the samemonth of the year before. However, even afterattaining this robust growth, it could not reach backthe output in the same month before two years.Malaysia had produced 126.1 thousand tonnes ofNR during January 2008.

It added, "India witnessed a 6.5% output growth duringJanuary 2010 as per data finalised on Feb. 25 bythe Rubber Board's Statistics & MarketDevelopment Committee, a statutory forum"

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February statistical bulletin from ANRPC