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Synthetic Rubber Prices on March 22nd, 2017
Date:2017/03/24    Author: -    From: China Rubber Web

On Mar. 22nd, the commodity index of SBR 1502 is 57.46, declined 1.57 points from the previous day. It has fell 44.54% from the top of 103.60 (08-09-2011) in this period, and risen 102.25% from the bottom of 28.41 (19-01-2016). (Note: the period is from 01 September 2011 to the present.) Since 13th Feb. 2017, it has continuously decreased 27.977% in the past 38 days.

On Mar. 22nd, the commodity index of NBR is 104.93, declined 3.01 points from the previous day. It has fell 15.15% from the top of 123.67 (20-02-2017) in this period, and risen 103.27% from the bottom of 51.62 (08-03-2016). (Note: the period is from 01 September 2012 to the present.) Since 20th Feb. 2017, it has continuously decreased 15.153% in the past 31 days.

On Mar. 22nd, the commodity index of BR is 58.94, declined 1.15 points from the previous day. It has fell 42.44% from the top of 102.40 (25-09-2011) in this period, and risen 148.27% from the bottom of 23.74 (04-02-2015). (Note: the period is from 01 September 2011 to the present.) Since 16th Feb. 2017, it has continuously decreased 22.407% in the past 35 days.

On Mar. 22nd, the commodity index of IIR is 71.10, the same as previous day. It has fell 37.36% from the top of 113.51 (12-06-2013) in this period, and risen 11.95% from the bottom of 63.51 (11-08-2016). (Note: the period is from 01 September 2012 to the present.) Since 13th Mar. 2017, it has continuously decreased 0.684% in the past 10 days.

On March 22nd, price of BR from Sinopec North China Sales Company decreased CNY600/MT. Qilu BR is quoted at CNY19,400/MT ex-warehouse, Yanshan BR quoted at CNY19,320/MT ex-warehouse and Maoming BR at CNY19,400/MT ex-warehouse.