NEWS
Import Amount of Rubber in the First Quarter More than Doubled on a Year-on-year Basis

According to the latest statistics by the General Admin- istration of Customs, in the first quarter of 2017, the rubber import amount of China more than doubled on a year-on-year basis.

Among which, the import volume of natural rubber (in- cluding latex) added up to 760,000 tons, and the import turnover exceeded RMB 10 Billion Yuan, with a year-on-year surge of 125.1%. The import volume of synthetic rubber (including latex) added up to 1.01 million tons, and the import turnover was about RMB 14.7 Billion Yuan, with a year-on-year surge of 110%.

In the first three months of this year, a total of 1.77 million tons of rubber was imported to China, increasing by 480,000 tons compared with the first quarter of 2016, but the import turnover more than doubled on a year-on-year basis.