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An earthquake occurred in Indonesia, causing a slight increase in rubber prices in our country.

2012-04-12

On April 11 at 16:38 Beijing time, an 8.5 magnitude earthquake occurred in the waters near Sumatra, Indonesia, prompting Indonesian authorities to issue a tsunami warning. Indonesia is an important exporter of rubber to our country, and after the earthquake, the price of rubber in our country has seen a slight increase. This morning, the natural rubber contracts on the Shanghai Futures Exchange opened higher, then fluctuated downward, recovering losses around noon, with Hainan rubber showing an increase of nearly 6%. As of 13:51, the main rubber contract 1209 rose slightly by 0.58%, priced at 26,880 yuan. Japanese TOCOM rubber futures rose by 1.03%, priced at 313.4 yuan.

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