Rubber prices in the domestic market rise and fall

According to the Chinese Ministry of Commerce’s April 8, 2011 business forecast, with the gradual start of rubber tapping in the domestic production areas, the price of natural rubber fell slightly. From March 28 to April 3, the domestic market imported 3# smoke tablets and domestic 1# standards. The price of rubber fell by 0.8% and 0.7% respectively.

At the same time, political turmoil in North Africa, the international crude oil prices continued to rise, on April 1st spot price of Brent crude oil in the North Sea of ​​the United Kingdom reported at 116.83 US dollars / barrel, a 0.4% weekly increase, affected by last week, SBR, nitrile rubber prices They rose by 0.9% and 0.6% respectively.

The recent flooding in the Thai production areas affected the natural rubber transport in the main production areas. It is expected that the domestic rubber prices will increase in the later period.

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