The latest statistics show that as of mid-April, rubber inventory in Qingdao Free Trade Zone dropped 3.4% from end-March.
The decrement and net outbound volume in the first half of April was similar to those in the second half of March, when the rubber inventory in Qingdao Free Trade Zone decreased 3.3% or 8,800 tonnes.
With regard to the categories, inventory of natural rubber slumped and pulled down the overall inventory; that of compound rubber continued to decline; but that of synthetic rubber climbed, while the mixed rubber inventory rose particularly higher.
