1. Natural Rubber Latex Spot Market Review
Table 1 Natural Rubber Latex RMB Price
Unit: RMB/mt
|
Product |
Market/Region |
Market price |
Change |
|
TVR barrel NR latex |
Tianjin, North China |
8,500 |
0 |
|
Shandong, North China |
8,500 |
0 |
|
|
Shanghai, East China |
8,600 |
+100 |
|
|
Guangdong, South China |
8,800-8,900 |
0 |
|
|
THR barrel NR latex |
Shandong, North China |
– |
– |
|
Shanghai, East China |
8,900-9,000 |
0 |
|
|
Zhejiang, East China |
– |
– |
Table 2 Natural Rubber Latex USD Price
Unit: $/mt
|
Market |
Company |
Nov 30 |
Nov 1 |
Change |
|
Malaysia |
TITI |
960 (barrel) 860 (bulk) |
970 (barrel) 870 (bulk) |
+10 |
|
Thailand |
TVR |
– |
– |
– |
|
Sri Trang |
– |
– |
– |
|
|
Southland Rubber |
880 (bulk) |
880 (bulk) |
0 |
|
|
CLITETEX |
990 (barrel) 890 (bulk) |
990 (barrel) 890 (bulk) |
0 |
|
|
THR |
1,020 (barrel) 930 (bulk) |
1,020 (barrel) 930 (bulk) |
0 |
|
|
Num Rubber & Latex |
– |
– |
– |
|
|
Unitex |
– |
– |
– |
|
|
Vietnam |
VRG |
– |
– |
– |
Remarks: Mainstream price of import natural rubber (NR) latex was RMB 8,600-8,900/mt in Chinese market.
2. Natural Rubber Latex Market Analysis
The NR futures market on the SHFE rebounded, but it inspired the market little. It was said that some low end offers were adjusted upward in East China due to tight supply, yet the mainstream dealing prices kept at RMB 8,500/mt for TVR goods and RMB 8,800/mt for THR goods. Due to rainy days in Thailand, many foreign enterprises stopped quoting. The USD prices for THR barreled goods stiffened at $1,020/mt. Enquiries were few.
In East China, prices for barreled TVR NR latex were RMB 8,600/mt, and RMB 8,900/mt for barreled THR goods. The price for bulk goods was RMB 7,500-7,600/mt.
