India will not join the three rubber Council to control the supply of

India Rubber by the Secretary Sajen Peter said that although the country received the invitation, but it would not join the three rubber Council (ITRC) to take joint action to control the supply. India is the world's fourth largest natural rubber producer. India in 2009 produced a total of 817,000 tons of natural rubber, the export volume of 1.6 million tons, its three rubber Council (ITRC) of the impact will increase. India and China, together with the members of ITRC is the world's largest rubber producing countries ---- Association of Natural Rubber Producing Countries (ANRPC) a member of the organization's 2008 annual output accounts for 94% of the world. Indian rubber industry executives point out, ANRPC One of the main objectives is to improve the productivity of natural rubber, but it does not control the global market, supply of raw materials. Peter said that the world's fifth largest producer of natural rubber in Vietnam in January to join ---- ITRC may not bring the world's supply was reduced, because the majority of member states rely on small-scale rubber farmers, they are difficult to hold a long rubber. When the weak global demand in 2008 caused TOCOM rubber futures fell to around 100 yen per kilogram, when, ITRC to intervene and in 2009 to reduce 700,000 tons for export. Then the price gradually rose, but the result of an immediate impact is limited, because of Vietnam and other countries continue to export. Peter that the price of natural rubber will remain steady in the coming months may be higher, due to global supply shortages, but not Vietnam's accession to ITRC. In addition, the restrictions on the supply is not a good idea. ANRPC was in January, said in 2009 the world's natural rubber supply by about 5.1%, due to the low yield and bad weather.