Natural rubber supply will be constrained until at least until 2012 as production won't keep pace with rising demand from China and India, according to the International Rubber Study Group. | |
| Output in Malaysia, the world's third-biggest rubber producer, is likely to fall below 1 million metric tonne by 2020 from 1.2 million tonne this year as farmers cut down rubber trees to plant oil palms, Hidde Smit, secretary-general at the group, said yesterday in a conference held in Sanya, China. |
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| Rubber prices have more than doubled since 2002, prompting farmers in Thailand and Vietnam, the world's largest and fifth- largest producers, to plant more trees. |
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