July 15 — Rubber inventories in Qingdao, China’s main hub for the commodity, fell to 330,300 metric tons today, from 341,900 tons on June 28, the Qingdao International Rubber Exchange says in an e-mailed statement.
* Rubber inventory was at record 371,100 tons on April 26, according to QinRex
* The decline in inventory is accelerating, according to QinRex
Source: Bloomberg
