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Article: Natural rubber continues to be short of supply.(MARKET REPORT: Market Pulse)
- Article from:
- China Chemical Reporter
- Article date:
- May 16, 2007
- Author:
CopyrightCOPYRIGHT 2007 China National Chemical Information Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Import dependence remains heavy
China is one of the major natural rubber producers in the world. Both the planting area and the actual output are the fifth in the world. China is also the largest consumer and importer of natural rubber in the world. The output of natural rubber in China was only 533.1 thousand tons in 2006, but the total consumption was 2.13 million tons, and the imported amount was 1.61 million tons, with the output satisfying only a quarter of the demand.
The output of natural rubber in China grew constantly from 2001 to 2004. It increased from 477.5 thousand tons in 2001 to 573.3 thousand tons in 2004. Total growth was 20.06%, ...