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China Natural Rubber Market Review & Outlook 2007-2008 Proposal
Beijing Orient Agribusiness Consultant Ltd, Feb 2008
In recent years, with the increasing demand for cars in China, the tyre industry has witnessed rapid growth, which leads to expanded demand for natural rubber in China. To date, China has surpassed Japan and the US to become the largest rubber consuming country in the world.
In 2005, Typhoon Damrey played havoc with part of the rubber forests in Yunnan and Hainan. The yield in 2005 was only 510,000 tons, down by 10.6% from 2004. In 2007, with the recovery of rubber forests and the improvement of tapping technologies, it is expected that the output of natural rubber should recover to the level of 2004 or even better.
The growth of natural rubber output in China is coupled with rapid growing natural rubber consumption in the country. Does the increase in output meet the consumption demands in China? How will the surging demands for natural rubber in China affect the supply-demand relation in the Chinese market? How will the import of natural rubber evolve? How much influence will the development of synthetic rubber have on the natural rubber market? What will be the trend for the natural rubber market in China in 2008? All these are questions to be answered systematically in this report.
Hopefully, we shall make some correct judgements for the future natural rubber market in this teport through in-depth analysis and studies of the natural rubber market in China in 2007.
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