China’s rubber industry booms

China’s rubber product makers are growing fast, according to data published by the China Association of Rubber Industry (CARI).

Rubber consumption also jumped, with the combined factory demand running at just over 8900kt for the six-month period, up 35 percent over the first six months of 2003.

The Association has said its 252 members generated sales of Yuan 32 000 million (€3150 million) in the first six months of 2004, up 29 percent on the figure for the same period in 2003.

CARI said it has 42…

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