Tuesday, March 22, 2011

China Natural Rubber Imports Down 14.4%

March 22 -- China posted a 14.41 percent year-on-year fall in the imports of natural rubber to 107,200 tons in February, reports yicai.com, citing the General Administration of Customs.

For the first two months, China imported 254,600 tons of natural rubber, a decline of 14.2 percent year-on-year. The average import price was $4,708.02 per ton.

The top exporters of natural rubber to China in February were Thailand, Indonesia, Malaysia, and Vietnam.

For the two months, China imported a total of 230,900 tons of synthetic rubber, down 6.42 percent year-on-year. The average import price was $3,245.5 per ton.

The top exporters of synthetic rubber to China in February were Korea, Japan, the U.S. and Russia.

Shares of Wuxi Boton Belt (300031) rose 0.42 percent to close at 19.12 yuan per share.

(Source: http://www.capitalvue.com/home/CE-news/inset/@10063/post/1339361)

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