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China’s imports of rubber from Russia increased by 24% in 9 months

According to the Russian International News Agency: Statistics from the General Administration of Customs of China show that from January to September, China's imports rubber, rubber, and products from the Russian Federation increased by 24%, reaching $651.5 million, while imports of plastics and products from Russian Federation decreased by 6%, to $346.2 million. The revenue from rubber supplied to China by the Russian Federation is almost entirely from synthetic at $650.87 million ( 24% compared to the same period last year). In the first nine months, imports of polyethylene from the Federation increased by 14% to $219.83 million, polystyrene increased by 19% to $1.6 million, and PVC increased by 23% to $16.57 million.
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September 9, Vietnam rubber prices in line with the overall market trend, the synchronization of a sharp rise in the adjustment. In global markets, rubber prices on Asia's main exchanges continued to rise to new highs due to bad weather conditions in major producing areas, raising concerns about supply shortages.

Earlier reports indicated that according to official statistics, Russia's synthetic rubber production from January to September 2024 increased by 3.5 compared to the same period last year, reaching 1 million tons. During the same period, primary plastic production increased by 1.2%, reaching 82 million tons.


Post time: Oct-25-2024