| STATISTICAL SUMMARY OF WORLD RUBBER SITUATION | ||||||||||||||
| ('000 tonnes) | ||||||||||||||
| 2006 | 2007 | 2008 | ||||||||||||
| Year | Q1 | Q2 | Q3 | Q4 | Year | Q1 | Q2 | Q3 | Q4 | Year | ||||
| NATURAL RUBBER PRODUCTION | ||||||||||||||
| Latin America | 202 | 56 | 61 | 48 | 51 | 216 | ||||||||
| Africa | 421 | 112 | 114 | 111 | 112 | 449 | ||||||||
| Asia | 9480 | 2364 | 1972 | 2382 | 2692 | 9409 | ||||||||
| TOTAL (1) | 9846 | 2445 | 2068 | 2468 | 2757 | 9725 | ||||||||
| NATURAL RUBBER CONSUMPTION | ||||||||||||||
| North America | 1148 | 290 | 298 | 284 | 284 | 1157 | ||||||||
| Latin America | 518 | 130 | 132 | 142 | 140 | 544 | ||||||||
| European Union | 1282 | 373 | 357 | 319 | 326 | 1376 | ||||||||
| Other Europe | 177 | 48 | 46 | 51 | 59 | 204 | ||||||||
| Africa | 120 | 32 | 34 | 32 | 25 | 123 | ||||||||
| Asia/Oceania | 5954 | 1493 | 1542 | 1675 | 1644 | 6354 | ||||||||
| TOTAL (1) | 9216 | 2352 | 2256 | 2374 | 2353 | 9719 | ||||||||
| WORLD SUPPLY-DEMAND SURPLUS/DEFICIT | 630 | 93 | -188 | 94 | 404 | 6 | ||||||||
| WORLD STOCKS (2) | 2244 | 2337 | 2149 | 2243 | 2647 | 2647 | ||||||||
| SYNTHETIC RUBBER PRODUCTION | ||||||||||||||
| North America | 2685 | 690 | 700 | 705 | 695 | 2790 | ||||||||
| Latin America | 663 | 166 | 165 | 165 | 164 | 659 | ||||||||
| European Union | 2725 | 686 | 702 | 687 | 703 | 2779 | ||||||||
| Other Europe | 1301 | 343 | 325 | 297 | 325 | 1290 | ||||||||
| Africa | 67 | 18 | 18 | 18 | 17 | 71 | ||||||||
| Asia/Oceania | 5294 | 1427 | 1513 | 1486 | 1567 | 5994 | ||||||||
| TOTAL (1) | 12646 | 3330 | 3424 | 3359 | 3472 | 13583 | ||||||||
| SYNTHETIC RUBBER CONSUMPTION | ||||||||||||||
| North America | 2217 | 517 | 543 | 545 | 524 | 2129 | ||||||||
| Latin America | 804 | 206 | 208 | 217 | 214 | 845 | ||||||||
| European Union | 2525 | 651 | 668 | 626 | 674 | 2620 | ||||||||
| Other Europe | 862 | 206 | 250 | 240 | 239 | 935 | ||||||||
| Africa | 99 | 28 | 26 | 24 | 23 | 92 | ||||||||
| Asia/Oceania | 5737 | 1488 | 1631 | 1634 | 1614 | 6367 | ||||||||
| TOTAL (1) | 12378 | 3127 | 3377 | 3319 | 3319 | 13154 | ||||||||
| WORLD SUPPLY-DEMAND SURPLUS/DEFICIT | 268 | 203 | 47 | 40 | 153 | 429 | ||||||||
| WORLD STOCKS (2) | 3800 | 4003 | 4050 | 4090 | 4243 | 4243 | ||||||||
| % SR IN TOTAL RUBBER CONSUMPTION | 57.3 | 57.1 | 60.0 | 58.3 | 58.5 | 57.5 | ||||||||
| RUBBER PRICE AND RELATED INDICATORS | ||||||||||||||
| 2006 | 2007 | 2008 | ||||||||||||
| Year | Q1 | Q2 | Q3 | Q4 | Year | Q1 | Q2 | Q3 | Q4 | Year | ||||
| NATURAL RUBBER PRICES | ||||||||||||||
| Europe, TSR20 €/tonne | 1646 | 1612 | 1614 | 1559 | 1690 | 1619 | 1830 | |||||||
| SICOM, RSS3, S$/tonne | 3344 | 3400 | 3560 | 3249 | 3568 | 3444 | 3889 | |||||||
| New York, TSR20, US$/tonne | 2113 | 2205 | 2314 | 2235 | 2529 | 2321 | 2821 | |||||||
| SYNTHETIC RUBBER PRICES | ||||||||||||||
| USA SBR Export Values US$/tonne | 1710 | 1969 | 1873 | 2256 | 1948 | 2012 | 2018 | |||||||
| Japan SBR Export Value '000Yen/tonne | 205 | 216 | 221 | 228 | 225 | 222 | 231 | |||||||
| France, SBR Export Value €/tonne | 1382 | 1464 | 1486 | 1468 | 1513 | 1483 | 1493 | |||||||
| RELATIVE NR/SR PRICE RATIO | ||||||||||||||
| New York, TSR20 / USA SBR | 123.6 | 111.9 | 123.6 | 99.0 | 129.8 | 115.4 | 139.8 | |||||||
| RELATED INDICATORS | ||||||||||||||
| Crude oil, West Texas basis, US$ per barrel | 66.2 | 58.2 | 65.0 | 73.1 | 91.0 | 71.8 | 76.1 | |||||||
| Butadiene, US cents per lb (3) | 51.2 | 53.7 | 57.3 | 56.0 | 56.0 | 55.8 | 61.3 | |||||||
| A much greater level of statistical detail is available for all the above categories. | ||||||||||||||
| Please contact the IRSG for further details: statistics@rubberstudy.com | ||||||||||||||
| Notes: | ||||||||||||||
| (1) May include balancing adjustments. | ||||||||||||||
| (2) Stocks refer to end of period volumes. | ||||||||||||||
| (3) Butadiene contract price - major feedstock used in production of volume elastomers, SBR and BR. | ||||||||||||||
| Source: All data taken from Rubber Statistical Bulletin, MAY-JUNE 2008 edition | ©International Rubber Study Group | |||||||||||||