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[Dow Jones] Tight supply situation in rubber is likely to continue for next two years because recent replantings, new plantings will yield output only from 2012 onwards. In 2010, 2011, production may hover between 9.0 million-9.5 million tons, little changed from this year, says ANRPC Secretary General Djoko Damardjati. Thailand”s likely downward revision in newly planted area data for several years complicates scenario further. Rubber production slow but demand in India, China rising. China”s automobiles in use rose 19% in 2008, likely to increase by 23% this year, says Mo YeYong, associate professor at the Danzhou-based Rubber Research Institute.
Source: Dow Jones