Imported rubber to release tight Qingdao inventory

Data from Thailand Customs showed that there were 504,200 tons of natural rubber, monthly rising by 53.03%, and yearly up 41.73%.

There were 162,400 tons of compound rubber exported at the same time, monthly surging 190% and yearly increasing 100%. 

There were 247,800 tons of dry rubber exported, monthly increasing 82.61% and yearly increasing 29.74%; and 9,400 tons of rubber, monthly down by 31.79% and yearly rising by 14.91%.

According to statistics from SCI 99.com showed there were 310,000 tons of rubber exported from Thailand to China, taking 61.5% of total export.

In the first three months, Thailand has been carried out rubber-limited export policy. 

With main rubber production countries re-opened rubber export,  Thailand's rubber will intensively arrived in China between May-June.

Qingdao Port, as an important natural rubber acceptor in China, has been booked parts of inventory and is hard to accept more inventories. 

However, it means that oversupplied rubber status will continue in China.