China: Domestic natural rubber market dynamics: April 13-17

April 13-17, domestic natural rubber futures market Hujiao overall rebound, but still remain volatile pattern. By the futures market shock rebound, the domestic spot market overall higher natural rubber, the larger Thai RSS3 Smoked Sheet and gain full latex SCRWF domestic standard rubber SCR10 and Vietnam imported standard rubber SVR3L market prices remained relatively stable. At present, the overall market remains sluggish downstream demand, close to the weekend, futures closed lower weak shocks, stock market volatility is not. Still plenty of domestic rubber resources, there is a substantial improvement in downstream demand is difficult, the actual trading is still light.

At present, the domestic market in full latex SCRWF quoted in the mainstream market, 11900 ~ 12,300 yuan (t price, the same below) shocks, domestic standard rubber SCR10 mainstream offer 11,000 ~ 11,200 yuan, the Vietnamese standard rubber SVR3L market price at 12,000 to 12,200 yuan. By the futures market shocks, natural rubber narrow finishing spot market, spot market prices rebounded slightly, the market is still sluggish downstream demand, market sentiment strong dealer.

Hainan producing full latex SCRWF domestic spot price at 11,400 ~ 11,500 yuan, Yunnan areas SCRWF full latex spot price at 11,500 yuan, standard rubber SCR10 spot price at 10,500 yuan. Domestic spot market natural rubber futures market following the narrow trading range, the market volume is not, the market sentiment is still darker. At present, natural rubber outer disk market, affected by the futures market volatility, external disk prices have remained consolidation operation dollars, not much outside the plate the whole quote, domestic inquiry neon gas low, stable prices slipped dollars.

As of April 17, Thailand Yan Pianjiao RSS3: 1690 ~ 1710 dollars, the Thai standard rubber STR20: USD 1440 ~ 1460, the Malaysian standard rubber SM20: USD 1440 ~ 1460, the Indonesian standard rubber SIR20: 1440 ~ 1450 yuan, the Vietnamese standard rubber SVR3L: 1480 ~ 1500 dollars.

North China: shock run affected by natural rubber futures, natural rubber market firm offer narrow finishing, market sentiment can still overall procurement downstream plants, turnover is relatively stable, firm turnover discuss OK. Yunnan State-owned full latex SCRWF quoted in the mainstream 12100 ~ 12,200 yuan, the state-owned Yunnan standard rubber SCR10 supply tight, prices are firm, the market price in 11100 ~ 11,200 yuan.

East: impact shock run by futures, the spot price of natural rubber finishing a narrow range, the market traded Real Simple negotiations. Yunnan full latex SCRWF quoted in the mainstream market, 12,000 to 12,200 yuan, Hainan full latex SCRWF market price at 11,900 ~ 12,100 yuan, imported from Thailand Yan Pianjiao RSS3 market price at 13,000 ~ 13,200 yuan, the market firm offer to discuss.

Shandong: natural rubber futures market is subject to volatility, the market spot price narrow tone, market transactions is limited. Yunnan full latex SCRWF quoted in the mainstream market, 12,000 to 12,100 yuan, the market price of imported tobacco piece RSS3 Thailand 12800 ~ 13,000 yuan, Yunnan state-run standard rubber SCR10 market price at 11,100 ~ 11,200 yuan. Bonded rubber market, the market rubber price USD narrow finishing, market activity in general. Imported rubber prices in the region: Thailand Smoked Sheet RSS3: 1610 ~ 1620 dollars, the Thai standard rubber STR20: USD 1380 ~ 1390, the Malaysian standard rubber SMR20: US $ 1380 to 1400, the Indonesian standard rubber SIR20: $ 1,400 ~ 1420.

Northeast Region: shocks by rubber futures, the spot price of natural rubber finishing a narrow range, the market turnover is limited, active market inquiry atmosphere, a real single market in order to discuss the main. Northeast region is full latex SCRWF quoted in the mainstream market, 12,200 ~ 12,400 yuan.

South China: by the futures market shocks, natural rubber quotes finishing a narrow range, the market demand in general, the Vietnamese standard rubber SVR3L mainstream offer no tax at 11,300 ~ 11,400 yuan, 17% tax offer in 12,300 ~ 12,400 yuan. To discuss the main market trading, stock market much, price volatility is not.

Domestic market sales areas SCRWF full latex prices:

North China: Tianjin market 12,000 to 12,200 yuan, 12,300 yuan ~ 12100 Hengshui market;

East: 11900 ~ 12,100 yuan in Shanghai, Hangzhou market 12,000 to 12,200 yuan;

Shandong: Qingdao Market 11900 ~ 12,100 yuan;

Northeast region: Shenyang market 12,200 ~ 12,400 yuan.

Outlook forecast: domestic natural rubber futures market fluctuated rebound pattern, natural rubber latex SCRWF whole domestic spot market prices were slightly higher, and related types of plastic styrene butadiene rubber rebound given a role in promoting natural rubber, but overall demand in the downstream market remained in the doldrums, the spot market as a whole has yet to ease the demand side, the market is big expensive shipping difficulties. Futures markets remained volatile rebound. Expected: the recent natural rubber market as a whole is still higher.