NRPC member 2012 natural rubber output is expected...

GF Futures Financial Network, Natural Rubber Producing Countries (ANRPC) in the February edition of its monthly bulletin, "Trends and Statistics of natural rubber", said the Association's 11 member states in 2012 natural rubber output is expected to reach 10.5 million tons, compared to 2011 increased by 20 million tons. According to the announcement, based on Member States to increase the production figures in 2011 and 2012 figures are from the January revised upwards. Kamarul Baharain Basir, ANRPC Secretary-General wrote in the Foreword, "The economic trend finally gradually shifted in favor of natural rubber, a number of factors are looked brighter prospects for natural rubber. These factors include: support the policy of economic growth in China and India, coupled with the two inflation slowed down; seasonal shortage of supply of natural rubber; crude oil prices; and yen depreciation of the currency appreciation of the natural rubber producing countries. Although natural rubber production has increased, the total exports of natural rubber in the first quarter of this year compared with last year but will be down 3.4%. The ANRPC this attributed to China's natural rubber stock continues to remain high. However, it is expected that by the end of March 2012, China's stock will be the end of December 2011, 356,000 tons to 250,000 tons. In addition, changes in China's industrial policy may give rise to export their way out of the doldrums of the second quarter.