International Union of rubber has the forecast, due to the rainfall is higher than the average of previous years, this year's natural rubber production in Thailand will be reduced by 2.7 percent, to 2,900,000 tons, its natural rubber output continued to decline in the second year.
Thailand is the world's largest exporter of natural rubber, 2005, the annual output of 298 million tons. This year, world natural rubber prices have risen 53 percent, Thailand natural rubber output is bound to be further supported by strong natural rubber prices. At the same time, world crude oil prices rose sharply, rising in tandem with the prices of Synthetic and natural rubber also linked higher prices.
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