{"id":1955,"date":"2024-05-16T10:46:17","date_gmt":"2024-05-16T03:46:17","guid":{"rendered":"https:\/\/edutrade.vn\/?post_type=product&p=1955"},"modified":"2026-03-11T16:38:05","modified_gmt":"2026-03-11T09:38:05","slug":"cao-su-tsr20","status":"publish","type":"product","link":"https:\/\/edutrade.vn\/en\/product\/cao-su-tsr20\/","title":{"rendered":"TSR20 RUBBER (ZFT - SGX)"},"content":{"rendered":"\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
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TSR20 SICOM Rubber<\/p>\n<\/td>\n<\/tr>\n

Size<\/td>\nFull<\/td>\n<\/tr>\n
Exchange<\/td>\nSingapore Exchange ( SGX )<\/td>\n<\/tr>\n
Commodity code<\/td>\nZFT<\/td>\n<\/tr>\n
Contract lot value (market price)<\/td>\nCommodity price * contract size<\/td>\n<\/tr>\n
Contract size<\/td>\n5 tons<\/td>\n<\/tr>\n
Margin (changes according to MXV)<\/td>\n10% of contract lot value<\/td>\n<\/tr>\n
Trading price step<\/td>\n$0.1 ~ $5\/lot<\/td>\n<\/tr>\n
Quoted unit<\/td>\nCent\/kg<\/td>\n<\/tr>\n
Profit\/loss fluctuation $1\/lot<\/td>\n$50<\/td>\n<\/tr>\n
Trading period<\/td>\n12 months<\/td>\n<\/tr>\n
Trading schedule<\/td>\nMonday \u2013 Friday<\/td>\n<\/tr>\n
Trading session (winter opens 60 minutes late)<\/td>\n06:55 \u2013 17:00<\/td>\n<\/tr>\n
Price range<\/td>\n10% of settlement price<\/td>\n<\/tr>\n
Quality standard<\/td>\nAccording to the TSR20 rubber product standard traded on the Singapore Exchange<\/td>\n<\/tr>\n
Delivery Registration Date<\/td>\n05 working days before the first working day of the expiration month.<\/td>\n<\/tr>\n
First notice day<\/td>\nAccording to MXV regulations<\/td>\n<\/tr>\n
Last trading day<\/td>\nLast working day of the month immediately preceding the expiration month<\/td>\n<\/tr>\n
Payment method<\/td>\nPhysical delivery<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/b>I. Overview of Rubber<\/h2>\n

<\/b>1. Introduction<\/h3>\n

Natural rubber was first discovered and used in the 16th century in South America and later spread to various regions. However, its widespread industrial use truly flourished after the vulcanization process was perfected by Charles Goodyear between 1839 and 1844.<\/p>\n

Rubber is a key industrial material, derived from a liquid plant product known as latex.<\/p>\n

It is widely used in daily life\u2014from tires to rubber gloves. As such, rubber is an important commodity, playing a central role in the global economy.<\/p>\n

\"\"<\/span><\/p>\n

2. Applications<\/h3>\n

Natural rubber is a primary component in automotive and aircraft tires.<\/p>\n

It is used in multiple car parts, including brake pads, gaskets, hoses, and seals for windows, doors, and windshields. Rubber is also used in airbag production.<\/p>\n

Rubber is commonly used in flooring for gyms, commercial kitchens, and playgrounds.<\/p>\n

Due to its elasticity, natural rubber is applied in swimwear, cycling shorts, and other stretchable garments.<\/p>\n

Rubber is used to manufacture various everyday products, such as gloves, adhesives, mechanical gaskets, and flotation devices.<\/p>\n

3. Production<\/h3>\n

Natural rubber thrives in humid tropical regions, particularly in Southeast Asian countries such as Thailand, Indonesia, Malaysia, Vietnam, Cambodia, and Myanmar, due to their favorable climate.<\/p>\n

Natural rubber is a milky liquid called latex. Latex is extracted from rubber tree vessels and classified as raw latex, scrap, soil lumps, or coagulated lumps. The rubber content in latex is approximately 30\u201340%.<\/p>\n

Rubber products are generally produced in two types: sheet rubber and block rubber (also known as Technically Specified Rubber \u2013 TSR). Block rubber is produced by cleaning, pressing, and drying the latex into solid blocks.<\/p>\n

Sheet rubber can be classified into:<\/p>\n

+ Air-dried sheets (ADS)<\/p>\n

+ Ribbed smoked sheets (RSS)<\/p>\n

(RSS is the type commonly traded on TOCOM.)<\/p>\n

The primary difference between ADS and RSS lies in the drying method. ADS is air-dried, while RSS is processed using naphtha and smoke in smokehouses at temperatures up to 60\u00b0C to produce rubber sheets.<\/p>\n

With favorable natural conditions, the leading rubber-producing countries are:<\/p>\n

    \n
  • Thailand: Approximately 4.7\u20135.0 million tons \u2013 the largest producer in the world.<\/li>\n
  • Indonesia: Approximately 2.7 million tons.<\/li>\n
  • C\u00f4te d\u2019Ivoire: Approximately 1.4 million tons.<\/li>\n<\/ul>\n

    These three countries account for roughly 60% of global production. To meet economic development needs, consumption levels are as follows:<\/p>\n