This entry was posted on Friday, January 9th, 2009 at 3:24 pm and is filed under Rubber News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
TOKYO, Jan 9 (Reuters) – Japan’s crude rubber inventories
amounted to 9,066 tonnes as of Dec. 31, up 3.1 percent from Dec.
20, Rubber Trade Association of Japan data showed on Friday.
The latest figure was down about 12.5 percent from the same
period last year, but are up significantly from an all-time low
of 4,004 tonnes on Oct. 10, according to the data, which is
released every 10 days.
The rise in stocks is partly a reflection of weak demand for
rubber, mostly used in tyres, as top automakers curb production.
Following are details of the association’s latest data:
Dec 31 Dec 20 Dec 10 Nov 30 Nov 20
Crude rubber 9,066 8,793 7,489 7,596 7,300
Natural Latex 363 295 310 285 281
Synthetic
(solid) 2,766 2,327 1,796 1,866 1,844
Synthetic Latices
(D.R.C.) 23 23 23 23 23
Source: Reuters