As of September 30th, Qingdao Free Trade Zone, all kinds of rubber stocks for 91 thousand and 900 tons, a decline of 11.2%. The natural rubber only more than 55 thousand and 800 tons, less than the peak levels of early 30%, reached in 2011 with the lowest since the statistics.

From the change of port trade zone, in addition to long period inventory decline, more concern is the relationship between the change of cargo and spot. Rubber bear market has become the norm of the cargo port is higher than the spot situation upside down, appeared in the late August change. Taking Thailand as an example of imported rubber, backwardation cargo situation has lasted more than in January, indicating downstream to the high acceptance of improved pricing to a seller’s market.

The tire started better than last year, Support rubber demand