The International Rubber Study Group (IRSG) forecast that global rubber demand is expected to rise from 23.9 million tones in 2010 to 25.5 million tons in 2011 or up 6.7%. It also forecast that the-12-month consumption of rubber to June will reach 23.1 million tons, up 11% year on year. The IRSG further forecast that demand for NR this year will be around 13.3 million tons. For NR production, the IRSG expects global NR production to rise by 6.1% to 10.25 million tons in 2010 and by a further 7.3% to 11 million tons in 2011.
(Irco.biz)
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