Daily report of natural rubber market in China on July 23, 2012

Type

Market/Region

Products

Market Price (Yuan/mt)

Change

(Yuan/mt)

Domestic Spot Market

N-China

SCRWF (state)

24,300 (Yunnan); 23,700 (Hainan); 23,400 (low end, unconfirmed)

-250

SCR10

22,300 (state)

-250

RSS3

23,800 (no tax)

-250

SVR3L

-

-

STR20 Composite

-

-

SMR20 Composite

-

-

E-China

SCRWF (state)

23,800 (Yunnan); 23,500 (Hainan, low end); 23,800 (Hainan, high end)

-350

SCR10

22,300 (state)

-300

RSS3

-

-

SVR3L

23,800 (with 17% VAT included); 23,700 (with 13% VAT included)

-750

S-China

SCRWF (state)

-

-

SVR3L

23,500 (no tax)

-100

SVR3L in Mong Cai Market

SVR3L

17,800-18,000 (no tax)

-450

Market

Countries

Products

Market Price ($/mt)

Change ($/mt)

International Market

Thailand

RSS3

-

-

STR20

2,950-2,960

-65

RSS3 Composite

-

-

STR20 Composite

2,940-2,950; 3,000 (high end)

-65

Malaysia

SMR20

2,940-2,950

-65

SMR20 Composite

2,940-2,950

-65

Indonesia

SIR20

2,850-2,860

-90

Vietnam

SVR3L

2,950-2,960(state); 2,830(private)

-40

SVR10

2,830 (state)

-30

Qingdao Free Trade Zone

Thailand

RSS3

-

-

STR20

2,930 (shiploads)

-70

RSS3 Composite

-

-

STR20 Composite

-

-

Malaysia

SMR20

2,920 (shiploads)

-80

SMR20 Composite

2,885 (shiploads)

-115

Indonesia

SIR20

2,830(shiploads); 2,810(spots)

-85

SIR20 Composite

-

-

Vietnam

SVR3L

-

-

SVR10

-

-