Wednesday, June 30, 2010

Japan's NR Stock Down

By Anant Thawatchaipracha

30 June 2010 - The total natural rubber stock of Japan was 12.1% down from 4,054 metric tons on May 31 to 3,563 metric tons on June 10, according to the Rubber Trade Association of Japan.

The inventory has been steadily declining for the last few months. The current level is 31.9% lower than the 5,229 metric tons reported on April 30.

No reasons were given for the changes but outsiders attributed them to tight physical supply in producing regions, consumption of existing stocks due to high import prices, and recent exports to China.

(Irco.biz)

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