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SR production outpacing consumption.


Worldwide production of synthetic rubber synthetic rubber: see rubber.  is staying ahead of demand, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 figures released by the International Rubber Study Group. Production of SR in 2004, pegged peg  
n.
1.
a. A small cylindrical or tapered pin, as of wood, used to fasten things or plug a hole.

b. A similar pin forming a projection that may be used as a support or boundary marker.

2.
 at 11.9 million metric tons (Transparent Optical Networking Services) A marketing term for providing dark fiber to a customer. The customer is responsible for generating the transmission signal and interpreting it at the other end. See dark fiber. , was 200,000 mt above consumption figures for that year. For the first quarter of 2005, production was running 20,000 mt more than consumption.

Natural rubber, which has had a closer balance between production and consumption, saw production output of 8.6 mmt in 2004, 340,000 mt more than consumption. For the first quarter of this year, consumption is outpacing NR production by 70,000 mt, according to the IRSG IRSG - Internet Research Steering Group .

The U.S. remains the top producer of SR, as 2004 output reached 2.3 mmt, an increase of 55,000 mt from the previous year. Japan at 1.6 mmt, China at 1.4 mmt, the Russian Federation Russian Federation: see Russia.  at 1.1 mmt and Germany Germany (jûr`mənē), Ger. Deutschland, officially Federal Republic of Germany, republic (2005 est. pop. 82,431,000), 137,699 sq mi (356,733 sq km).  at 905,000 mt round out the top five producing countries, according to the IRSG figures.

Thailand Thailand (tī`lănd, –lənd), Thai Prathet Thai [land of the free], officially Kingdom of Thailand, constitutional monarchy (2005 est. pop. 65,444,000), 198,455 sq mi (514,000 sq km), Southeast Asia.  remained the top producer of natural rubber with 2.96 mmt, and figures from the first quarter of this year are on the same pace. Indonesia's output of NR increased from 1.8 mmt in 2003 to 2.06 mmt in 2004. Figures for the first quarter of this year show that Indonesian NR production is already 73,000 mt ahead of last year's production. Ma-laysia increased its NR output for the third straight year with an output of 1.16 mmt.
Natural rubber production (,000 mt)

                        2003      2004

Thailand               2,876   2,959.4
Indonesia              1,792   2,006.2
Malaysia              985.60   1,168.7
India                 707.10     742.6
China                    480       486
Vietnam                  380       415
Total world            7,990     8,610

Synthetic rubber production (,000 mt)

                        2003      2004

Canada                  73.5      83.7
U.S.A.               2,270.1   2,325.1
Argentina               57.4        57
Brazil                   405       390
Mexico                 179.6       188
Austria                    5         5
Belgium                  104       108
Czech Rep.                77        90
France                   717       776
Germany                  888       905
Italy                    244       235
Netherlands              176       180
Poland                    90        95
Spain                     88         8
Sweden                    38        38
U.K.                     327       351
Bulgaria                29.5        32
Romania                 11.8      13.8
Russian Federation     1,070   1,111.6
Turkey                  34.9      44.6
F.R. of Yugoslavia        25      25.5
Other Europe               4         4
South Africa              77      73.6
Australia                9.5       9.6
China                  1,272   1,477.6
India                   85.6      94.7
Indonesia                 38        45
Iran                    71.7      72.5
Japan                1,577.4   1,616.1
Rep. of Korea            700       710
Malaysia                  18        18
Taiwan                 528.8       545
Thailand                 125       130
Total world           11,450    11,950
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Title Annotation:Market Focus
Publication:Rubber World
Date:Oct 1, 2005
Words:446
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