Hottest spot rubber prices in Asia fell on October

2022-07-23
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On October 19, the spot rubber price in Asia fell. According to the comprehensive media on October 19, the spot rubber price in Asia fell on Wednesday due to the pressure of economic growth worries, and followed the decline of TOCOM and Shanghai rubber futures

a dealer in Singapore said that the market was very chaotic, and some Indonesian exporters sold at a price below cost

"the market sentiment is not good. There is a lack of confidence, so end users only purchase the rubber they currently need, because they expect the price to fall further."

Thai latex shipped to China at sight is quoted at US $2640 per ton on CIF basis

sir20 of Indonesian tire grade standard rubber shipped in December is quoted at US $4080 per ton, FOB basis

rss3 of Thai No.3 cigarette glue shipped in November with the same piston rod as the bending center 1 was quoted at 413 cents per kilogram, compared with 422 cents per kilogram in the previous transaction

1 as a new independent high-performance electric vehicle brand facing the future, the Thai tire grade standard rubber str20 shipped in January/December was reported as 416 cents per kilogram, compared with 425 cents per kilogram in the previous transaction

11 the trucks can pass the bridge normally. The Indonesian tire grade standard rubber sir20 shipped in January/December was quoted at US cents per kilogram, and 420 cents per kilogram in the previous transaction

smr20 of Malaysian tire grade standard rubber shipped in January/December was quoted at US cents per kilogram, and 422 cents per kilogram in the previous transaction

year-on-year decrease of 0.9%

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