ASSN OF NATURAL RUBBER PRODUCING COUNTRIES SAYS IN REPORT
* INDIA RUBBER OUTPUT CUT TO 868,000 TONS THIS YEAR: ANRPC
* VIETNAM RUBBER OUTPUT RAISED TO 950,000 TONS IN 2013: ANRPC
By Supunnabul Suwannakij
Sept. 10 — Natural rubber import estimate by Malaysia raised to 880,000 metric tons from 750,000 tons earlier, according to the Association of Natural Rubber Producing Countries.
* India’s import estimate raised 4.3% to 193,000 tons
* Forecast on imports by China is maintained at 3.59m tons this year
* Estimates on China consumption is maintained at 4.18m tons this year
* Note: Vietnam’s upward revision will make it the 3rd-largest producer after Thailand and Indonesia, while Malaysia will become 4th-largest
* Note: ANRPC members comprise of 11 countries representing 93% of global supplies and 57% of global demand
Source: Bloomberg
