NR exports up 12%

摘要

The volume of world NR exports expanded at an annualised pace of 12% to 9.7 million tonnes in 2013, according to IRSG. Thailand exported the largest volume of NR at 3.6 million tonnes, followed by Indonesia (2.7 million tonnes) and Malaysia (1.3 million tonnes). The volume of TSR exports stood at 4.9 million tonnes, RSS 884,000 tonnes and latex 743 tonnes. The main driver behind stronger exports growth was higher inventory demand while the global demand growth generally remained subdued. Irrespective of a consistent drop in the exports of RSS historically, a relatively lower NR price explains the rebound in export trends in 2013.