Abstract
Research Background
In recent years, with the increasing demand for cars in China, the tyre
industry has witnessed its rapid growth, which leads to expanded demand for
natural rubber in China. To date, China has surppassed Japan and US to become
the largest rubber consuming country in the world.
In 2005, Typhoon Damrey played havoc with part of the rubber forestes in
Yunnan and Hainan. The yield in 2005 was only 510,000 tons, down by 10.6% from
2004. In 2007, with the recovery of rubber forests and the improvement of
tapping technologies, it is expected that the output of natural rubber should
recover to the level of 2004 or even better.
The growth of natural rubber output in China is coupled with rapid growing
natural rubber consumption in the country. Then, does the increase in output
meet the consumption demands in China? How will the surging demands for
natural rubber in China affect the supply-demand relation in the China market.
How will the import of natural rubber evolve? How much influence will the
development of synthetic rubber have on the natural rubber market? What will
be the trend for the natural rubber market in China in 2008? All these are
questions to be answered systematically.
Hopefully, we shall make some correct judgements for the future natural rubber
market in this Report through in-depth analysis and studies of the natural
rubber market in China in 2007.
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