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China stopped updating rubber datas in Qingdao Free Trade Zone

Recently, China Rubber Information & Trade announced that it would stop updating rubber inventory datas in Qingdao Free Trade Zone from November 1.

Due to statistics sources changing and inventory datas fluctuating, the company decided to stop updating to avoid heavily impacting on market, and would restart updating from December, depending on market changes. 

As an important index for Chinese rubber's supply and demand, rubber inventory in Qingdao Free Trade Zone was usually released every half year. 

Statistics showed that by October 16, rubber inventory in Qingdao declined 31% compared to the beginning of October.


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