China – Natural Rubber Latex Market Adjusted: December 1, 2015

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1. Natural Rubber Latex Spot

Table 1 Natural Rubber Latex Price

Unit: RMB/mt

Product

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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,

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 Price

Unit: $/mt

Market

Company

Nov 30

Nov 1

Change

Malaysia

TITI

960 (barrel)

860 (bulk)

970 (barrel)

870 (bulk)

+10

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 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.

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