Malaysian Rubber Exchange

	About Us Chairman's Message Committees Membership    Membership Directory    Ordinary Members    Brokers    Dealers    Producers    Users    Associate Members Membership Application    Ordinary Membership    Associate Membership Rules and Byelaws Facilities Market Closing Events NR Prices & Charts    Daily Prices     Quotation in Sen/Kg     Quotation in RM/Tonne    Monthly Prices    Monthly&Yearly Average    SMR20 Chart Latest News			Facilities Price Determination The MRE determines the rubber prices twice daily, at 12.00 noon and 5.00 p.m., from Monday to Friday, for the following types and grades of rubber: SMR CV, L, 5, GP, 10 and 20 Centrifuged Latex : Local Prices (ISO 2004) The MRE issues the daily rubber prices free-of-charge to its members.  The MRE also disseminates daily farmgate latex prices through the local media for references and use. Contracts The MRE regulates the physical trade dealings of its members.  The contracts provided by the MRE are as follows: Contract No. 1 - Local Delivery Contract No. 2 - Ordinary FOB (Non-Guarantee) Contract No. 3 - Ordinary FOB (Guarantee) for RSS Contract No. 4 - Ordinary FOB (Guarantee) for SMR Contract No. 5 - Local Delivery for Preserved Rubber Latex Claims and Arbitration The MRE is the Arbitration Centre for those who trade on the MRE contracts.  The MRE is also a member of the Joint Panel of the Singapore/Kuala Lumpur/Jakarta Regional Center of Arbitration under the International Rubber Association (IRA) Contracts for Technically Specified Rubbers and Preserved Rubber Latex in Drums. Samples In line with its appointment by the IRQPC as a member of the International Sample Committee of Singapore and Malaysia (ISCSM), the MRE prepares Copy International Samples for International 1, 2 and 3 RSS based on the accepted standards.  These samples are available for sale at RM150/- per book.
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