Indonesia Forecasts Lower Rubber Supply as Prices Rally in Tokyo
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Rubber output in Indonesia, the largest grower after Thailand, may decline for the first time in four years in 2013 as the country limits output and shipments in coordination with other producers to support a rally.
Production may decline 8.9 percent to 2.77 million metric tons from an estimated 3.04 million tons this year, according to Agriculture Minister Suswono. That would be the first fall since 2009, when output dropped 11 percent to 2.44 million tons, data from Indonesia’s Directorate General of Estate Crops show.