Natural rubber stocks in Japan as of Jan. 20 stood at 6,877 metric tons, up 7.8% from 6,380 tons Jan. 10, according to data issued Wednesday by the Rubber Trade Association of Japan.
Japan's natural rubber stocks had declined to historically low levels of 3,902 tons Nov. 10 and are still 32% lower than end-May 2009.
Natural latex stocks rose to 266 tons from 264 tons, while synthetic rubber stocks rose to 1,832 tons from 1,508 tons.
The association didn't provide any reasons for the changes.
Strong demand from tire makers in China had dragged down Japan's inventories in recent months, and importers said they are now replenishing stocks.
Traders in Japan import rubber from Thailand, Malaysia and Indonesia and sell some of the existing inventories to China to make a profit, as prices are hovering around 15-month highs.
(Source: irco.biz)
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