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Oct 29, 2008

June SBS rubber market Summary

In the international market: in the lower reaches warmer needs and resources of the Traction supply, the market higher, as well as China, in June in Asia SBS heating market, Shang Tai offer a 150 U.S. dollars / ton in 1450 U.S. dollars / ton (CFR, equivalent to 15,225 yuan Yuan / ton).
The domestic market: the domestic market in June Roundup: the lower reaches by weak demand and the supply of resources to reduce the impact of higher prices as well as the outer disk and petrochemical companies, traders, manufacturers lower reaches of inventory on the low side for reminding me, at the same time traders and downstream manufacturers Admission to buy actively, petrochemical enterprises jointly push the price of lead, in June, Fujian, Zhejiang, southern China market continued Shenglang SBS, the soaring prices of 1600 yuan / ton, 15,500 yuan to 15,300 / ton, single transaction As a result of downstream manufacturers, traders and high resistance spread to a significant weakness.

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