The rubber inventory in Qingdao free trade zone fell sharply because the downstream factories prepared goods before the eleventh day
Recently, the rubber inventory in Qingdao Free Trade Zone has remained unchanged and increased. According to the recent tracking of our station, more than 70% of the warehouses in the bonded area are over 30% of the rubber warehouses, and more than 50% of the warehouses are not a few.
Warehousing is still sluggish and the number is small. In October, the old warehouses with a certain customer base also had some warehousing plans, but other warehouses basically had no warehousing plans.
At present, the factory begins to prepare goods near the eleventh day. Although the market continues to decline, recently, the shipment of traders has increased, and the outbound volume of the warehouse will gradually appear.
It is estimated that the recent inventory is expected to fall to about 170000 tons.
Source: China Rubber information trade network
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