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Dec 1, 2008

In 2015 Indonesia will become the world's largest rubber producing countries

International Rubber Study Group forecast that by 2015, Indonesia rubber output will reach 3,800,000 tons, the world's largest natural rubber producing countries.

November 26, the International Rubber Study Group (IRSG) to the latest estimates show that by 2015, Indonesia will be replaced by Thailand to become the world's largest producer of natural rubber, rubber production will increase to 3,800,000 tons. At present, Indonesia is the world's second largest natural rubber producing countries.

IRSG Secretary-General said Hidde Smit Indonesia in 2008 natural rubber output is expected to reach 2,300,000 tons.

Thailand's natural rubber production is expected by 2020 to reach 3,800,000 tons; and Malaysia natural rubber production in 2020 will drop to 1,000,000 tons in 2008 to 1,200,000 tons. Malaysia is currently the world's third largest natural rubber producing countries.

Analysts said earlier that the palm oil plantation area of trees to increase natural rubber production in Malaysia is the main reason for the decline is expected.

At the same time, India's natural rubber production by 2020 to reach 1,100,000 tons at present to 800,000 tons; At the same time, natural rubber production in Vietnam by 2020 to reach 1,100,000 tons, annual output in 2008 forecast to 600,000 tons.

Smit said that by 2020, the world's natural rubber output is expected to reach 13,700,000 tons in 2008 to 9,000,000 tons. The world's natural rubber consumption by 2020 is expected to reach 14,300,000 tons.

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