MUMBAI Jan 13 Global natural rubber output is
likely to fall in the first quarter of 2017 as floods have
disrupted tapping in top producer Thailand, the Association of
Natural Rubber Producing Countries (ANRPC) said.
Output for the period is expected to fall 0.8 percent from a
year-ago level to 2.44 million tonnes.
However, annual production from the ANRPC members, which
together account for about 92 percent of global output, could
rise 4 percent to 11.2 million tonnes in 2017, after stagnating
over the past three years, the association said in a statement
"Due to floods, Thailand will be able to produce only 4.381
million tonnes of natural rubber during 2017 as against 4.741
million tonnes originally expected," the association said.
Southern Thailand has suffered downpours since Jan. 1,
resulting in flash floods that have killed 36 people. Global
rubber prices JRUc6 have spiked on concerns about the impact on
(Reporting by Rajendra Jadhav; Editing by Vyas Mohan)