Association of Natural Rubber Producing Countries (ANRPC) on Thursday reported that in November, demand for natural rubber in 2012 is expected to be 3.834 million tons last month was estimated at 3.768 million tons.
China is the world’s number one natural rubber consuming countries and importing countries, accounting for about one-third of global demand.
China’s natural rubber imports in 2012 forecast revised down to 3.279 million tons from 3.184 million tons.
ANRP data obtained according to the data submitted by member governments. ANRPC member countries accounted for 93% of the global output of natural rubber production.
The ANRPC not provide full-year output forecast, due to the Thai government has yet to provide a full-year data.
Source: CRIA
