SunSirs: China Natural Rubber Market is Stable and Rising on August 27

https://www.chemnet.com   Aug 27,2024 SunSirs

On August 27th, the benchmark price of natural rubber in SunSirs was 14,800.00 RMB/ton, an increase of 6.10% compared to the beginning of this month (13,949.00 RMB/ton).

On August 27th, the purchase price of 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 14,000 RMB/ton, which was stable; The purchase price of adhesive made latex raw materials is 13,600 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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