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Natural Rubber Prices on December 15th, 2016
Date:2016/12/19    Author: -    From: China Rubber Web

On December 15th, the spot price of rubber USS3 in three central markets in Thailand is quoted at THB75.89-76.92 / KG, a THB2.64 / KG increase from the previous business day.

On December 15th, the main natural rubber futures contract 1705 is closed at CNY20,015 down CNY140, contract 1701 at CNY19,390 down CNY160 in Shanghai Futures Exchange. The trade volume is 645,756 shares, and the holdings (open interest) is 271,632 shares, dropped 14,244 shares from the previous business day.

On December 15th, natural rubber price is going down in the region of Tianjin, the main negotiating price of Yunnan state-operated SCRWF of 2015 is CNY17,200/MT, price of SVR-3L is CNY17,300/MT, and RSS3 from Thailand is quoted around CNY20,200/MT, negotiable.

On December 15th, natural rubber price is going down in the region of Shandong, the main negotiating price of Yunnan private SCRWF of 2015 is CNY17,200-17,300/MT, reference price of Standard Rubber #2 is at CNY16,300/MT, SVR-3L at CNY17,300/MT, and RSS3 from Thailand is quoted at CNY20,200/MT. The futures price is going down, and spot price is declining as well.

On December 15th, natural rubber price is going down in the region of Jiangsu, the quotation of state-operated SCRWF of 2015 is CNY17,200/MT, price of RSS3 from Thailand is quoted at CNY20,200/MT, negotiable.

On December 15th, natural rubber price is going down in the region of Yunnan, the main negotiating price of private SCRWF of 2016 is CNY17,500-17,600/MT. Spot prices are declining and negotiable.