ERJ staff report (DS)
Singapore -- The International Rubber Study Group (IRSG) has released the papers from its recent meeting in Singapore. The IRSG convened for the 106th Group Meeting in Qingdao, China, during 19-20 March 2009. Prior to this, the joint 2010 World Rubber Summit (WRS) and 5th China Rubber Conference was held on 16-17 March 2010 with a field trip on 18 March.
At the Statistical Committee session of the 106th Group Meeting, Member governments discussed consumption and production figures for 2008 and 2009. World elastomer consumption in 2008 was estimated at 22.8 million tonnes, comprising of 10.2 million tonnes of natural rubber (NR) and 12.6 million tonnes of synthetic rubber (SR); NR production reached 10.0 million tonnes in 2008, while output of SR was 12.8 million tonnes. In 2009, the IRSG Secretariat expects world elastomer consumption to have declined by around 6% to 21.4 million tonnes, comprising 9.5 million tonnes of NR and 11.9 million tonnes of SR; meanwhile, production of NR and SR is estimated at 9.6 million tonnes and 12.2 million tonnes, respectively.
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Press release from IRSG
Home page of IRSG