Global rubber consumption reaches 3-year low

摘要

Driven down by the rapidly deteriorating state of the world economy, global rubber consumption reached 21.1 million metric tons in the year to March 2009, its lowest level since April 2006; year-on-year consumption growth plunged to -9.4%, compared to growth rates of -3.2% at the end of 2008 and (providing a stark illustration of how markets have evolved over the last 12 months) 6.9% in March 2008, according to a rubber industry report from the International Rubber Study Group.