Subject to market adjustments and the impact of the Japanese earthquake, natural rubber (hereinafter referred to as "natural rubber"), fell back after the price shot up. To participate in the "2011 Annual Meeting of Chinese rubber" in the industry that the Japanese earthquake limited impact on the demand for rubber, natural rubber supply by 2011 global demand growth below trend growth will continue, prices are still rising power.
Thai Rubber Association, Mr Lin Lisheng said that from the supply point of view, the global natural rubber production in 2011 will reach 10.97 million tons, of which Thailand's production of 3.47 million tons, 2.94 million tons, Indonesia, Malaysia, 110 million tons, 893,000 tons in India, Vietnam 78 tons. From the demand point of view, the global natural rubber demand in 2011 will reach 11.2 million tons, China's market demand for 3.9 million tons, India, 100 million tons, the United States 907,000 tons, 806,000 tons in Japan. "Taking into account as the world economic recovery, the world, especially China and India increase demand for imports of natural rubber, but by the climate, Thailand, Indonesia, Malaysia and other major producing countries, production will decline, the drought has affected China's domestic natural rubber production. In general, natural rubber prices in 2011 will remain rising trend. "Tung Trading Co., Ltd. Shanghai General Manager Li Shiqiang poetry analysis, the recent high natural rubber constantly updated. Adjusted pre-market gains, the callback rate of similarly-than-expected, but the overall rising trend line support evident. Looking later, Thailand began to stop cutting the end of February until the end of April early May of the low inventory situation continued, strong demand in Europe and America, China began to focus on after the holiday, will push Jiaojia before in May 2011 still have a chance to continue upward, history high lean period may be refreshed in 2011.
For the full year, the first half will continue to run high, the second half of the market with new plastic has some regression (such as weather, normal); the world economy continues to recover, the global tire production capacity expansion of a new record, even though the second half of the new production can alleviate some of the supply and demand pressure, from the overall pattern of supply and demand perspective, natural rubber will remain high.
The article above is transfered from glow plug, and spark plug |