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Natural Rubber Prices on February 20th, 2017
Date:2017/02/21 Author: - From: China Rubber Web
On Feb. 20th, natural rubber price is going down in the region of Yunnan, the main negotiating price of private SCRWF of 2016 is CNY19,400-19,500/MT. Spot prices is decreasing and negotiable.
On Feb. 20th, natural rubber price is going down in the region of Shandong, the main negotiating price of Yunnan private SCRWF of 2015 is CNY19,300/MT, reference price of Standard Rubber #2 is at CNY18,300/MT, SVR-3L at CNY18,900/MT, and RSS3 from Thailand is quoted at CNY20,400/MT. The futures price is going down, and spot price is decreasing as well.
On December 20th, the main natural rubber futures contract 1705 is closed at CNY20,300 down CNY80.