SunSirs: China Qingdao Natural Rubber Market Rises Amidst Fluctuations on July 6
July 07 2026 13:45:42 SunSirs (Selena)
On July 6, the natural rubber market in the Qingdao region trended upward amidst fluctuations. With Shanghai rubber futures trending higher, downstream inquiries were primarily for small orders, and traders raised their offer prices. Mainstream quotes for 2024-production Yunbao, Guangken, and Haibao rubber ranged from 16,850 to 16,950 RMB/tonne; 2025-production Yunbao, Guangken, and Haibao rubber were quoted at 17,000 to 17,150 RMB/tonne; and Vietnamese 3L rubber was quoted at 17,700 to 17,900 RMB/tonne.
Downstream inquiries focused mainly on small orders, indicating a certain level of support from the demand side. Regarding futures, the SHFE natural rubber benchmark contract (2609) closed at 16,755 RMB/tonne on July 3, 2026—an increase of 70 RMB/tonne from the previous trading day. Trading volume reached 245,822 lots, and open interest rose by 3,741 lots; the upward trend in futures provided moderate bullish support for natural rubber prices.
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