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Oct 30, 2008

January-May Indonesian rubber exports increase year-on-year increase of 9%

Rubber Association of Indonesia Gapkindo Thursday, 1-May said Indonesia's rubber exports increase, as a result of price increases so that more farmers to carry out tapping activities. Gapkindo, managing director of SuhartoHonggokusumo say, 1-May Indonesian natural rubber exports up 9% to 894,195 tons.

Suharto: "high production, many farmers return to the plantation."

He also said that the "jungle rubber" production area is growing, and these areas are generally lower productivity, as a result of the diversification of scholaris.

Suharto said that the density of trees in these areas has been enhanced, although he had not expected to "rubber jungle" of the total number of accounts.

Indonesia is the world's second-largest producer of rubber weather, in 2005 the annual output 2,270,000 tons.

He expects 2006 production to grow by 7%, as a result of rising Jiaojia and favorable weather conditions.

Although the Indonesian standard rubber prices have since dropped earlier high point, but SIR20 rubber prices have been rising at the beginning of 30%.

Wednesday SIR20 offer about 2.19 dollars / kg.

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