[China] Natural rubber prices on Oct. 25, 2012

Guangdong

Product	Market Offer (Yuan/mt)
SVR3L	21800-21900 (no tax, unconfirmed)

NR offers drifted lower; transactions remained limited in spite of better inquiry sentiment.

Jiangsu

Product	Market Offer (Yuan/mt)
SCRWF (Hainan, state-owned)	23600-23700
SVR3L	22800 (with 13% VAT included); 23000 (with 17% VAT included, unconfirmed)
Thai RSS3	25800 (with 17% VAT included, unconfirmed)

Offers displayed a stable-to-booming trend in tandem with soft demand and normal trading volume.

Hengshui

Traders quoted disordered offers, which underwent narrow corrections.

Shandong

Product	Market Offer (Yuan/mt)
SCRWF (Hainan, state-owned)	23700
SCR5 (Hainan, private-owned)	21200
SCRWF (Yunnan, state-owned)	23800-23900 (unconfirmed)
SCR10 (Yunnan, state-owned)	21000
SCR10 (Yunnan, private-owned)	20900-21000
Thai RSS3	25400 (with 17% VAT included, unconfirmed)
SVR3L	23400 (with 17% VAT included); 22200 (no tax)

Offers slightly rebounded, but trading sentiment didn’t improve at all.

Shanghai

Product	Market Offer (Yuan/mt)
SCRWF (Hainan, state-owned)	23600
SCR10 (Yunnan, state-owned)	21000
Thai RSS3	25600 (with 17% VAT included)
SVR3L	23400 (with 17% VAT included); 23100 (low-end, with 17% VAT included, unconfirmed)

Offers fluctuated in line with weak trades in spite of warming inquiry sentiment.

Yunnan

Product	Market Offer (Yuan/mt)
SCRWF (Yunnan, private-owned)	22900
SCR10 (Yunnan, private-owned)	20100-20200
SCR5 (Yunnan, private-owned)	20900-21000
Homemade RSS	21900 (with 13% VAT included)
Thai RSS3	25200 (with 17% VAT included, unconfirmed)
Burma RSS	21600 (with 13% VAT included)

Offers inched higher in line with thin inquiry sentiment.

Zhejiang