This entry was posted on Tuesday, December 20th, 2011 at 4:26 pm and is filed under Rubber News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
SINGAPORE (Dow Jones)–Demand for rubber globally will reach 27.2 million metric tons in 2012, the International Rubber Study Group said Tuesday.
IRSG forecast demand for natural rubber to rise 4.6% next year, while that for synthetic rubber will likely rise by 5.5%.
Natural rubber production is likely to rise by 5.1% next year, the Singapore-based organisation said.
IRSG didn’t provide a breakdown of natural and synthetic rubber demand by tonnage.
Source: Dow Jones