In October 2020, rubber exports from North Sumatra in October 2020 experienced an increase. Total sales volume in October amounted to 46,099 tons, of which 88 percent were exported and the remaining 12 percent were sold locally where sales volume jumped 22 percent compared to September with a volume of 37,868 tons.

Executive Secretary of the Association of Indonesian Rubber Companies (Gapkindo) of North Sumatra, Edy Irwansyah, said the realization of exports in October to September 2020 experienced a surge of 18.03 percent from 34,351 tons to 40,543 tons. However, he continued, when compared to the export volume for the January-October 2019 period against the same period this year, it still decreased by 8.7 percent to 315,792 tons. "The increase in export volume in October was marked by panic by buyers to increase their stock. On the production side, there are limited raw materials that are almost evenly distributed in Indonesia's rubber production centers, "he said, Thursday (12/12).

Limited supply of raw materials is a driving factor for increased demand and contributes to increasing prices on the global market. "The increasing demand for the United States (US) is the main factor that has resulted in a surge in exports from North Sumatra. Where the volume of exports to the US in September was 4,286 tons, October 7,628 tons. Edy added, in October 2020, North Sumatra rubber was exported to 36 countries. The following 6 main destination countries reached 68.24 percent, namely, Japan 19.11 percent, the US 19.06 percent, India 9.14 percent, Brazil 7.59 percent, China 6.76 percent and Turkey 6.59 percent . "Japan is again the main export destination for North Sumatra's rubber this October. The volume of exports to Japan for shipment in October was 7,747 tons or 19.11 percent of the total export volume in October, "he explained. The spot price for the December 2020 contract is FOB Belawan 155.5 US cents, an increase of 3.13 US cents compared to the October average price of 152.37 US cents per kg TSR20. "In line with that, the price increase at the farm level has also increased. The price of rubber at one UPPB on November 9 was more than Rp10,300, "he said.

Source: https://waspada.co.id/2020/11/oktober-2020-ekspor-karet-sumut-alami-peningkatan/