Rubber Production to Gain 4.8% in 2011, Association Says
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Output of natural rubber from so-called key producing countries is forecast to grow 4.8 percent to 9.77 million metric tons in 2011, the Association of Natural Rubber Producing Countries said in a monthly bulletin. The group’s members account for 92 percent of global production.
The forecast was below a growth target by member governments of 8 percent with an estimated output of 10 million tons, assuming favorable weather conditions and a continuation of high prices this year, it said.