SunSirs: China Shanghai Natural Rubber Market Slightly Consolidation on April 13

On April 13, the natural rubber market in the Shanghai region underwent a slight consolidation. Shanghai rubber futures experienced a modest pullback, while prices for raw natural rubber materials remained at elevated levels. Market trading remained in a stalemate, and merchant offers saw minor adjustments: mainstream quotes for 2024-vintage "Yunbao" and "Guangkeng" brands were reported at 16,550–16,650 RMB/ton; mainstream quotes for 2024-vintage "Haibao" were reported at 16,600–16,700 RMB/ton; and mainstream quotes for Vietnam 3L grade were reported at 16,800–17,000 RMB/ton.