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Recovery of global natural rubber production growth in 2015
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Recall last year the price of natural rubber in the sharp decline has led to India, Thailand, Indonesia and Malaysia some rubber farmers suspend tapping.
Thomas said the price moderate rebound will inspire rubber farmers to restore tapping, especially in Thailand, the local rubber farmers really lack other sources of income.
Thailand is the world's largest rubber producing countries, the country's 2015 production could increase from 7.4% to 4300000 tons, the output ranks second in Indonesia will be stable at around 3100000 tons.
Rubber production in 2013 ranked third in Vietnam, this year is expected to yield will increase by 4.9% to a record 1000000 tons.
Thomas says, in addition, China's economic slowdown could cause rubber imports less, it will be at least ten years first.
She expected in 2015 China rubber imports will be 3700000 tons, a reduction of nearly 10% over the previous year.
Chinese Premier Li Keqiang on Thursday at the National People's congress opening ceremony that year gross domestic product (GDP) growth target down to about 7%.
"China's economic growth has been moderate, which will influence the demand. While other countries import is expected to increase." Thomas said.
This article from the Shenzhen City Qiyu Silicone Rubber Co., Ltd.: http://www.szhcty.com/news_v.asp? Id=347
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