China Natural Rubber Imports Jumped
Although the global output of natural rubber drops in 2020, China still imported more natural rubber in the first nine months of 2020, which was 4,212.1kt, up 497.1kt or 13.38% from the same period last year. Since June, the imports have been increasing rapidly. The imports in July, August and September even hit historical highs.
2020 (Jan-Sep) Imports by Natural Rubber Species
In the first three quarters of 2020, the standard rubber imports dropped 25% on a year-over-year basis, while the latex and RSS imports showed slight drop. However, the mixed rubber imports showed a 47% year-over-year rise.
2020 (Jan-Sep) Latex Imports by Origin
