Chinese NR Latex Market Annual Report 2016

Published: March 2017
No. of Pages: 64
Single User License: US $ 1950

Keywords: Supply, demand, planting area, output, import, export, environment forecast, consumption pattern, downstream, Hainan Rubber Group, Sri Trang Agro-Industry, Southland Rubber, Thai Hua Rubber, Futures market, SHIFT NR Dominant Contract, Macro-economy, policy trends.

The year of 2016 is the first year of the Chinese 13th Five-Year Plan. The Chinese NR latex industry faced both challenges and opportunities in 2016. With the development of China’s medical and health services, the NR latex was more and more wildly used in all kinds of fields because of its prominent property. However, it was very difficult for the NR latex industry to develop, in line with the weak recovery of the global economy and the increasingly fierce trade protectionism. According to SCI, the Chinese NR latex market dropped by 70% in the last five years. The profit at Chinese latex product producers declined Y-O-Y, as they were facing difficulties exporting their products, and the sales volume decreased. Thus, the development of the Chinese NR latex industry slowed.

Around 93% of the rubber trees are planted in Southeast Asian countries like Thailand, Indonesia, Malaysia, India, Vietnam, China, Sri Lanka, the Philippines, Cambodia, etc. SCI NR latex analyst team held that the global NR output was about 12,180kt in 2016, decreasing by 1.06% from the 12,310kt in 2015. The output in the nine major NR producing countries was about 11,105.6kt, inched up by 0.3% from last year.

Published By: SCI Group
Product Code: SCI Group35

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