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Home News China expected to double the demand to buy rubber from the domestic market (September 11, 2009)     Language:
China expected to double the demand to buy rubber from the domestic market (September 11, 2009)

Water consumption of the world's largest rubber was originally only planned to buy 65,000 tons of rubber to stabilize prices and support people. However, this should increase the demand for the actual purchase volume has nearly doubled compared with expected initially. Rubber Association said China, the country imports about half the total amount of rubber that they consume, and demand for rubber is expected to increase 8.5% to 6.4% in 2010 thanks to flexibility in cell strong growth factors. China is the bright spot of the global automotive industry through the program stimulates the Government pushed up demand. China surpassed the U.S. to become the largest automobile producer in the world in January this year.

General Motors Co. operates. Proposed location of automobile production in the world of China will be sustained, and the Chinese auto market will grow by 10% next year, even if the Government does not maintain the economic stimulus package. Consumption of China's automobile in 2010 expected to grow to over 13 million units, compared with 12.5 million units this year.


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