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Oct 31, 2008

Indonesia and China's natural rubber is expected to direct trade

By the Rubber Association of Indonesia at the invitation of China Rubber Industry Association at the end of last month, a delegation to Indonesia earlier this month, the exchange of visits, the two sides of natural rubber in the direct trade and cooperation on the issue of hit it off, all expressed a strong desire for cooperation. This is the correspondent on the 9th ASEAN learned from oak.

It is understood that even though Indonesia is the world's second largest rubber producing countries, 2,270,000 tons produced in 2005, but previous Chinese imports of natural rubber from Indonesia's number is not big on Indonesia's rubber quality standards do not understand, and more through Singapore re-exports, there is no direct trade.

According to the China Rubber Association, the China Natural Rubber 2 / 3 of the need to import more than a year increase in imports of 100,000 tons over 2005, customs statistics, imports of 1,410,000 tons, has become a scarce resource constraints of the development of the China Rubber Industry bottleneck. Therefore, to ensure the stability of natural rubber imports of goods, the industry must be addressed.

The visit to Indonesia, whose aim is to understand the Indonesian natural rubber cultivation, processing and trade, direct trade between the two countries to explore ways of cooperation, as well as form. Indonesia's tour through the cultivation of natural rubber, processing enterprises, as well as discussions with the Indonesian business delegation at the point of procurement, purchasing groups and co-operation in areas such as the establishment of processing plants has been preliminary, and with the Indonesian authorities to carry out the exchange. Indonesia expressed strong hope that the realization of direct trade with China, the Chinese side in accordance with the requirements of processing, production of natural rubber, and welcomes Chinese enterprises to invest in Indonesia, to carry out various forms of cooperation. It is understood that at present Indonesia is in the natural rubber industry, high-speed development period, the Palembang, the West is not only very cold areas suitable for growing natural rubber, but also in processing capacity, regulate businesses, better quality glue sheng. Michelin, Bridgestone, Goodyear, and other multinational companies in Indonesia have designated Jiao Yuan, on-demand processing, the Group of procurement.

4 consecutive years, China has become the world's rubber consumption power, due to dependence on imported natural rubber to increase gradually to force the Chinese rubber industry must seek to establish a stable supply of natural rubber, rubber production in Southeast Asia and to strengthen the country's co-operation; and in view of China World trade in natural rubber in a pivotal position to strengthen trade with China and cooperation in rubber production is also the wish of the country. As a result, China and Indonesia are very optimistic about the prospects for cooperation, can achieve the direct import of natural rubber, not only can reduce the prices of imports, and the source of stability.

It is reported that in the first half of this year, trade between China and the rapid growth of Indonesian natural rubber, natural rubber imports Indonesia 153,000 tons, up 48.6 percent.

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