The production and sales of natural rubber in the main producing countries are booming

According to ANRPC’s latest report, as of the end of September, global natural rubber production increased by 1.5% to 1.779 million tons.
Among them, Vietnam and India fell by 9.8% and 14.1% respectively, which was mainly due to weather.
From January to September, global natural rubber consumption increased by 6.6% year-on-year to 10.653 million tons, of which China, India, Thailand and Indonesia increased by 3.4%, 14.2%, 40.2% and 5.1% respectively.
In terms of exports, ANRPC members exported a total of 7.294 million tons of natural rubber in the previous September, down 2.2% year-on-year.
Among them, Thailand’s exports fell by 0.6%, Indonesia by 4.7%, Malaysia by 5.1%, and Vietnam by 5.9%.
It is predicted that natural rubber production will increase by 3.7% to 13.851 million tons this year, and natural rubber consumption will increase by 5.3% to 14.033 million tons.