On September 18th, the benchmark price of natural rubber in SunSirs was 15,365.00 RMB/ton, an increase of 1.45% compared to the beginning of this month (15,146.00 RMB/ton).

On September 18th, the purchase price of natural rubber raw materials in Hainan production area increased significantly: the guide price for the purchase of state-owned and gold rubber water-based concentrated latex raw materials was 16,800 RMB/ton, an increase of 1,000 RMB/ton; The purchase price of adhesive made latex raw materials is 14,500 RMB/ton, an increase of 700 RMB/ton; The mixed raw material of 10th meridian glue is 13,300 RMB/ton, an increase of 300 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).