Rubber Output to Miss Target in Indonesia, Group Says
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Natural-rubber output in Indonesia, the world’s second-largest grower, may miss an industry group’s target for this year as heavy rains disrupt tapping, adding to signs that wet weather is hurting commodity production.
Output may total 2.4 million metric tons in 2010, less than an earlier forecast of 2.6 million, said Suharto Honggokusumo, executive director of the Rubber Association of Indonesia. Production last year was 2.44 million tons, according to the Association of Natural Rubber Producing Countries.