On April 11th, natural rubber market in the region of Zhejiang is in a weak shock, the price of state-run SCRWF of 2015 is CNY14,400-14,450/MT, quotation of Standard Rubber #2 is quoted at CNY14,600/MT, SVR-3L at CNY15,200/MT, and RSS3 of 2015 from Thailand is quoted at CNY15,350/MT. Spot market price is in consolidation after drops and negotiable for real orders.
On April 11th, natural rubber prices in the region of Shanghai is mixed, the price of state-run SCRWF of 2015 is CNY14,250-14,450/MT, quotation of Standard Rubber #2 is quoted at CNY14,600/MT, SVR-3L at CNY15,200/MT, and RSS3 of 2015 from Thailand is quoted at CNY15,350/MT. SHFE rubber price is going down a little bit and spot price is moving in a tight range and negotiable.
On April 11th, natural rubber prices are slightly lower in the region of Hengshui, the price of state-run SCRWF of 2015 is CNY13,700/MT excl. VAT, SVR-3L is quoted at CNY14,400/MT excl. VAT, RSS3 of 2015 from Thailand is at CNY14550/MT excl. VAT, and quotation of Standard Rubber #2 is CNY14,100/MT excl. VAT. SHFE rubber price is going down by a small margin and spot price is in low consolidation and negotiable for real orders.