Russia’s exports of synthetic rubber rose 8.3% year-on-year to 943,500 mt in 2013, according to the country’s Federal Customs Service’s (FCS) data released Friday.
The FCS did not give details of export volumes for each month. But last month it said Russia exported 859,600 mt of synthetic rubber in January-November. This puts December exports at 83,900 mt, up by 3.1% year-on-year.
Revenue from exporting synthetic rubber continued to decline, with just under $2.4 million reported for 2013. This was a decrease of 11.2% from 2012, as the global synthetic rubber market was under pressure.
Prices of different grades of synthetic rubber vary significantly.
Source: Platts McGraw Hill Finanacial
Published: 17 Feb 2014