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TOKYO, July 30 (Reuters) – Japan’s crude rubber inventories
totalled 8,275 tonnes as of July 20, down 7.3 percent from 10
days earlier, as shipments increased more than new inventory,
data from the Rubber Trade Association of Japan showed.
The latest figure is the lowest since December and
represents an increase of 6.3 percent from a year earlier,
according to the data, which is updated about every 10 days.
While an economic slump hit demand for rubber as automakers
slashed production, Japanese tyre makers have recently begun
buying rubber in the physical market as they are seen to have
completed inventory adjustments.
Following are details of the association’s latest data:
July 20 July 10 June 30 June 20 June 10
Crude rubber 8,275 8,929 9,471 9,765 9,933
Natural Latex 326 344 341 348 400
Synthetic
(solid) 1,201 1,213 1,129 1,255 1,163
Synthetic Latices
(D.R.C.) 23 23 23 23 23
Source: Reuters