Why Are Rubber Prices Quoted in Different Benchmarks?
Quick AnswerFutures settlement, origin spot, mill FOB, destination CIF and customer DAP quotes each correspond to different commodities, timing, costs and risks.
Four Key Dimensions
Before comparing, clearly specify the grade and mill, quotation or settlement date, currency and unit of measurement, and the trade term with delivery point. Any omission will distort the price-spread conclusion.
Business Application
Market data is for trend observation; customer quotations must be supported by confirmed executable supply, lot details, payment terms, shipping schedule and validity. The knowledge base does not store unauthorized procurement or customer-specific prices.
Sources & Further Reading
- 新加坡交易所 SGX SICOM 橡胶市场
- ICC Incoterms® 2020 规则与责任划分
- RIOMI 橡胶业务编辑与项目经验(2026-10 编审)