UPDATE 1-Rubber demand forecast at 25.7 mln T in 2010-IRSG

Newswire

(Adds details) SINGAPORE, July 1 (Reuters) - Global demand for rubber, both natural and synthetic, is forecast to rise to 25.7 million tonnes in 2011, down slightly from an earlier estimate of 26.1 million tonnes in March, but still higher last's year's consumption, the IRSG said on Friday. Global rubber consumption reached 24.6 million tonnes in 2010, 15.3 percent higher than in 2009, reflecting a strong recovery in the demand for vehicles and tyres, the International Rubber Study Group ...

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