Global natural rubber output may rise 3.3% in April-June

Global production of natural rubber (NR) is expected to rise 3.3 per cent in April-June period of this financial year according to the latest data of the Association of Natural Rubber Producing Countries (ANRPC). The total production in this period is expected to be 2.15 million tonnes (mt), as against 2.09 mt in the same period last year.

In April, the actual production was 601,000 tonnes, while according to preliminary estimates production in May is expected to be 718,000 tonnes and 835,000 tonnes in June.

Except April, other two months recorded an increase in production. In April, 0.5 per cent decline was recorded in production, while in May it increased 5.3 per cent and in June it went up 4.4 per cent.

The production for the next quarter (July -September) is likely to be 2.77 mt as against an actual production of 2.68 mt in the same period of 2010, registering an increase of 3.4 per cent.

The production in July is likely to be 854,000 tonnes, 924,000 tonnes in August and 992,000 tonnes in

September, expecting a growth of two per cent, 3.4 per cent and 4.6 per cent respectively.

This year's (January-December) total supply of NR is expected to be 9.96 mt, up 4.9 per cent from the previous year. Thailand will be the largest supplier with a production forecast of 3.35 mt followed by Indonesia with 2.95 mt and India will be on the fourth position with a 899,000 tonnes, ANRPC data said.