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Natural Rubber Prices on March 10th, 2017
Date:2017/03/10    Author: -    From: China Rubber Journal

On Mar. 9th, natural rubber price is weakly stable in the region of Yunnan, the price of SCRWF of 2016 is CNY17,400-17,500/MT with 13% VAT, Yunnan private standard rubber #5 is priced at CNY16,600-16,700/MT, Yunnan private standard rubber #10 at CNY16,500-16,600/MT, #20 standard rubber special for rubber at CNY16,500-16,600/MT. SHFE rubber prices are still under pressure, while spot prices are decreasing by a large margin and negotiable.

On Mar. 9th, natural rubber price is falling modestly in the region of Shanghai, the price of SCRWF of 2015 is CNY16,450-16,550/MT, standard rubber #2 is priced at CNY16,550/MT, SVR-3L at CNY17,100/MT, and RSS3 from Thailand is quoted at CNY17,850/MT. SHFE rubber prices are still under downward pressure, while spot prices are decreasing by a large margin and negotiable.