SunSirs: The Benchmark Price for Natural Rubber in SunSirs Increases on August 28
August 28 2025 13:44:23     SunSirs (Selena)On August 28th, the benchmark price of natural rubber in SunSirs is 14,908.33 RMB/ton, an increase of 1.42% compared to the beginning of this month (14,700.00 RMB/ton).
On August 27th, the natural rubber market in Qingdao area saw a high-level consolidation. The prices of raw materials in the market have remained stable with slight increases, while Shanghai rubber has fluctuated at a high level. The spot market for Tianjin rubber has made a slight adjustment in its offers. Currently, the mainstream prices for Guangken, Baodao, and Haibao latex in Qingdao for 23 years range from 14,800 to 14,950 RMB/ton; The mainstream price for 24 years of Guangken, Baodao, and Haibao latex in Qingdao area is 14,900-15,200 RMB/ton; The mainstream price for 3L in Vietnam ranges from 14,900 to 15,250 RMB/ton.
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).
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