China 2010 syntetic rubber output hit 3.1 million tons

BEIJING (Commodity Online) : China’s output of synthetic rubber hit 3.1 million tons last year, up 11.7% year on year.
In 2010, China's foreign trade of synthetic rubber totalled 4.9 billion, surging 50.9% year on year, and the trade deficit surged 32.8% year on year to $3.71 billion.
The import value of synthetic rubber  increased 42.6% year on year to $4.3 billion, while the export value skyrocketed 164.1% year on year to about $600 million.
The price of synthetic rubber remained at a high level, and the price of styrene-butadiene rubber, butadiene rubber, acrylonitrile-butadiene rubber, ethylene-propylene rubber and butyl rubber reflected an increase of 42%, 64.3%, 31.4%, 15.6% and 14.9% year on year, respectively. However, the chloroprene rubber's price slightly decreased 1.1% year on year.
A subsidiary of China Petroleum & Chemical Corp started operation on a 30,000-ton butyl rubber base and a 15,000-ton isoprene rubber base in April 20.

(Source: http://www.commodityonline.com/news/China-2010-syntetic-rubber-output-hit-31-million-tons-36076-3-1.html)