International Rubber Study Group said the global rubber demand is expected this year, up 3.8% to 25.7 million tons, lower than the previous estimate of 26.1 million tons, while production will increase by 5.6%.
July 4, comprehensive news media, the International Rubber Study Group (IRSG) said on Friday global demand in 2011 is expected to reach 25.7 million tons in 2012 demand is expected for the 27.6 million tons.
IRSG 2011, the latest on the global rubber demand forecast slightly lower than forecast in March, before the 26.1 million tons.
This year's global demand for natural rubber is expected to increase 3.8 percent next year, is expected to rise 5.4%; the global demand for synthetic rubber is expected next year will increase by 5.0%, respectively, and 9.0%.
IRSG says global natural rubber output in 2011 will increase by 5.6% in 2012 will increase by 8.2%, in part by higher prices push, and assuming normal growing conditions.
IRSG said global rubber consumption in 2010 reached 24.6 million tons, increased 15.3% due to strong demand for cars and pick-up tires.
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