-28.63
81.2
Rubber price
Shanghai SCRWF：14050Qingdao SCRWF：13950Date：07/26
Market Interpretation
- · China steps up trade-in and equipment upgrade policy
- · Sinopec raises Shengli crude price for July
- · China INE crude slips on stronger yuan, despite rosy US economic data
- · China’s fuel prices slide for three consecutive weeks
- · China’s MTBE exports extend drops in June
- · China PP prices up before correcting in Jul and to remain weak in Aug
- · Natural rubber latex market strengthens on rising cost
- · China INE crude edges up on US crude & product stock draws, Alberta wildfires
- · New Chinese energy alliance founded to focus on carbon footprint
- · China cuts interest rates to boost economy
| Product name | Region | Market/Sales enterprise | Manufacturing enterprise/Origin | Grade | 07-24 | 07-25 | 07-26 | Unit |
|---|---|---|---|---|---|---|---|---|
| Natural Rubber | Qingdao | Thailand | STR20 | 1680 | 1670 | 1680 | USD/mt | |
| Carbon black | East China | Jinneng Technology | N220 | / | / | / | CNY/mt |