This entry was posted on Tuesday, October 14th, 2008 at 9:50 am and is filed under Rubber News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
Asian cash rubber prices ease in thin volume Monday with very few trades reported as closure of bellwether Tocom for public holiday in Japan damps interest elsewhere, traders say. Buyers currently reluctant due to expectations prices will ease further still in coming days, while processors also not keen to sell at current prices, says trader in Singapore. Adds increase in deferments on shipments by buyers reported in recent days though most contracts settled by re-negotiation. For a daily breakdown of cash prices for all rubber grades, keyword search ASIAN PHYSICAL RUBBER PRICES to see the item. (ANJ)
Source: Dow Jones Newswires