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Mar 31: Asian Physical Rubber Mostly Up; Outlook Firm

[Dow Jones] Asian cash rubber prices mostly higher, supported by firmer futures, thin supply due to ongoing wintering season in Thailand, Malaysia, says trader in Singapore. Adds China-based consumers continue buying, though only lots of 500-1,000 tons. Outlook for prices generally firm though tapping work likely to increase from mid-April; extra output likely to exert downward pressure on prices from then. 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

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This entry was posted on Tuesday, March 31st, 2009 at 5:58 pm 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.

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