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Apr 28: Asian Physical Rubber Mostly Flat; Firm Outlook

Asian cash rubber prices mostly flat, though Thai RSS3 up, supported primarily by tight raw material availability following recent wintering season, marginal gains on bellwether Tocom RSS3 contracts, say traders. Mild buying interest from world”s largest consumer, China, also supportive factor; spot price outlook firm as rain now hampering tapping at southern Thailand”s key plantations, says trader in Phuket.

Source: Dow Jones

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« Apr 27: Tocom Rubber Settles Dn; Y150-Y160 Range Expected
Apr 30: Japan rubber stocks down 6 pct in 10 days to Apr 10 »

This entry was posted on Wednesday, April 29th, 2009 at 8:33 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.

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