NR production to rise in Q1
ERJ staff report (DS)
Kuala Lumpur -- Total production of NR from the ANRPC members, accounting 92% of the global supply, is expected to rise by 6 percent in the first quarter of 2011, despite last year's figure being already nearly 18 percent ahead of 2009. ANRPC forecasts production in the first three months to be 2.238 million tonnes, up from 2.111 million a year earlier.
In addition, The total area under tapping in the ANRPC is estimated to expand this year by 200,000 ha as young trees attain tappable maturity and a limited extent of aged low-yielding dormant trees opens for tapping.
As countries revised their earlier-reported preliminary estimates, ANRPC's total supply in 2010 now stands at 9.322 million tonnes, at 4.7% rise from the previous year. An assessment made by the ANRPC points to the supply rising by 4.8% during 2011, 5.2% during 2012, 6.3% during 2013, 7.0% during 2014 and 7.5% during 2015.
Data taken from the February edition of the ANRPC's Natural Rubber Trends & Statistics 2011.
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