This entry was posted on Monday, February 23rd, 2009 at 6:42 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, Feb 23 (Reuters) – Japan’s crude rubber inventories
totalled 10,304 tonnes as of Feb. 10, up 2.4 percent from Jan.
31, data from the Rubber Trade Association of Japan showed on
Monday.
The figure was down 5.2 percent from a year earlier, but up
significantly from an all-time low of 4,004 tonnes marked
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 slash production.
Following are details of the association’s latest data:
Feb 10 Jan 31 Jan 20 Jan 10 Dec 31
Crude rubber 10,304 10,067 9,931 9,206 9,066
Natural Latex 464 399 368 329 363
Synthetic
(solid) 2,488 2,301 2,525 2,641 2,766
Synthetic Latices
(D.R.C.) 23 23 23 23 23
Source: Reuters