Metallurgy / Chemicals / Rubber & Plastics

According to the latest statistics from the Association of Natural Rubber Manufacturing Countries, in April this year, global natural rubber production and sales continued to grow.

The output reached 903,000 tons, a year-on-year increase of 22.5%.

It is worth noting that in March-April, natural rubber production in China was lower than expected.

The reason is that a fungal disease broke out in the rubber planting area of Yunnan Province, the third main producing area.

In addition, the output of countries such as Thailand, Indonesia and Sri Lanka was also affected by the disease, and the output was lower than expected.

The Association of Natural Rubber Manufacturing Countries warned that the rubber plantation area is suffering from disease and may continue to affect market conditions.

However, the organization is still very optimistic about the ability of countries to control diseases.

It is expected that the production of natural rubber in China, Vietnam, Cambodia and the Philippines will increase in May.

In April, the global demand for natural rubber was 1.129 billion tons, an increase of 15.1% from the previous month.

TireWorld.com learned that the strong demand in the Chinese and American markets is driving the continued growth of this data.