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TOKYO, June 19 (Reuters) – Japan’s crude rubber inventories totalled 9,933 tonnes as of June 10, down 1.9 percent from May 31 when inventories topped 10,000 tonnes for the first time since late March, industry data showed on Friday.
The latest data marks a 7 percent drop from a year earlier, the data from the Rubber Trade Association of Japan showed.
Steady shipments have recently kept inventories low, although demand for rubber has slumped due to the economic downturn, which has forced automakers to cut production.
Following are details of the association’s latest data:
June 10 May 31 May 20 May 10 Apr 30 Crude rubber 9,933 *10,127 9,526 9,416 9,484 Natural Latex 400 407 402 401 422 Synthetic
(solid) 1,163 1,300 1,245 1,413 1,474 Synthetic Latices
(D.R.C.) 23 23 23 23 23
* The association revised up its crude rubber inventory data for May 31.
Source: Reuters