Japan’s crude rubber stocks hit an all-time high of 16,094 mt on April 30, data released Tuesday by the Rubber Trade Association of Japan showed.
The latest data exceeded a previous record high of 15,976 mt registered on April 20.
The higher stocks came amid a fall in local automobile production. On April 30, the Japan Automobile Dealers Association said output reached 823,145 units in March, down 16% from 984,563 units in the same 2012 month.
The RTAJ releases the stock data every 10-11 days.
JAPAN’S RUBBER STOCKS (in mt):
|
Grade |
Apr 30 |
Apr 20 |
Change (%) |
|
Crude Rubber |
16,094 |
15,976 |
0.7 |
|
Natural Latex |
349 |
336 |
3.9 |
|
Synthetic Rubber (Solid) |
1,337 |
1,414 |
-5.4 |
|
Synthetic Rubber (Latex) |
23 |
23 |
0 |
Source: Rubber Trade Association of Japan
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