Qingdao Bonded Zone Natural rubber market review (June 8 -12)

Qingdao Bonded dollars this week, the spot price of natural rubber, strong, slightly go up, the local stock inventory low.

External disk cargo prices pulled back slightly, slowly increasing the current production area of raw materials glue supply, but due to the current domestic factories demand in general, the overall turnover is limited dollars Adhesive.

Currently downstream tire factory started holding steady, dull downstream sales, expected later very optimistic.

According to Department of Statistics Malaysia June 12 news, in April 2015 natural rubber exports fell 24 percent to 49,059 tons, down 19.8 percent. Exports of goods accounted for 91.3 percent of the SMR, which SMR20 50.8%.

Hainan drought continues. Drought in the western province of agricultural production to huge losses, banana, mango and other agricultural crops dead serious drought, agricultural enterprises also adversely affected, especially in Hainan Natural Rubber Industry Group Co., Ltd. (“Hainan Rubber”) losses more serious.

According to New Delhi, June 10 news, data India Rubber Board (Rubber Board) released data show that India’s natural rubber output in May from a year earlier to reduce the 9.4 percent to 4.8 million tonnes.

Tokyo June 10, according to news, data recently released Rubber Trade Association of Japan show that as of May 20, the Japanese port rubber stocks continued to increase by 4% to 12,708 tonnes. Data show that natural latex stock fell to 514 tons from 522 tons of solid synthetic rubber inventories rose 1,147 tons from 1,013 tons, synthetic latex stocks fell to 27 tons.

Thailand June 9 learned exclusively Monday, Thai soldiers and Forest Service officials in Phitsanulok felled illegally occupies about 1,200 Levin early planting rubber trees. Wang Thong Ban Tor Ruea area near the village forest reserve four rubber plantations were razed to the ground, more plantations illegally occupied land area of 1.9 square kilometers.Government dispatched about 900 soldiers.

According to Beijing on June 8 news, the latest preliminary data released by China Customs show that China in May 2015 of natural and synthetic rubber (including latex) imports amounted to 280,000 tons, compared with 350,000 tons in April decreased by 20%.