SunSirs: China Natural Rubber Price Rises on August 19

https://www.chemnet.com   Aug 19,2024 SunSirs

On August 19th, the benchmark price of natural rubber in SunSirs was 14,410.00 RMB/ton, an increase of 3.30% compared to the beginning of this month (13,949.00 RMB/ton).

On August 19th, the purchase price of some natural rubber raw materials in Hainan production area remained stable: the guide price for the purchase of state-owned and gold rubber water-based concentrated latex raw materials was 14,300 RMB/ton, an increase of 400 RMB/ton; The purchase price of adhesive made latex raw materials is 13,700 RMB/ton, an increase of 100 RMB/ton; The price for the mixed raw material of No. 10 Ziwu Rubber is 12,200 RMB/ton, which is stable.

Application of SunSirs Benchmark Pricing

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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