Daily report of natural rubber market in China on August 28, 2012

Type

Market/Region

Products

Market Price (Yuan/mt)

Change

(Yuan/mt)

Domestic Spot Market

N-China

SCRWF (state)

22,000-22,100 (Yunnan); 22,000 (Hainan)

+100

SCR10

19,600-22,000 (state); 19,500 (private); 19,800 (private, high-end)

-

RSS3

21,300-21,500 (no tax)

+100

SVR3L

-

-

STR20 Composite

-

-

SMR20 Composite

-

-

E-China

SCRWF (state)

21,900 (Yunnan); 21,900-22,000 (Hainan)

-

SCR10

19,600 (private)

-

RSS3

23,600 (with 17% VAT included)

+200

SVR3L

21,700-22,000 (with 17% VAT included)

+100

S-China

SCRWF (state)

-

-

SVR3L

20,000 (no tax, low-end); 20,500 (no tax, high-end)

-

SVR3L in Mong Cai Market

SVR3L

15,700 (no tax)

-

Market

Countries

Products

Market Price ($/mt)

Change ($/mt)

International Market

Thailand

RSS3

2,880-2,890

-25

STR20

2,720-2,730

-

RSS3 Composite

2,900 (high-end)

-10

STR20 Composite

2,710-2,720

-

Malaysia

SMR20

2,710-2,730

+5

SMR20 Composite

2,710-2,720

-

Indonesia

SIR20

2,610-2,620

-

Vietnam

SVR3L

2,550 (state); 2,480-2,500 (private)

+10

SVR10

2,500 (state)

-5

Qingdao Free Trade Zone

Thailand

RSS3

2,900 (shiploads)

-

STR20

2,680-2,710 (shiploads)

-20

RSS3 Composite

-

-

STR20 Composite

2,720 (shiploads)

-5

Malaysia

SMR20

2,680 (spots); 2,680-2,710 (shiploads)

-15

SMR20 Composite

2,710-2,720 (shiploads)

-5

Indonesia

SIR20

2,610-2,620 (spots);

-15

SIR20 Composite

2,660 (shiploads)

-

Vietnam

SVR3L

-

-

SVR10

-

-