This entry was posted on Wednesday, May 20th, 2009 at 8:18 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.
[Dow Jones] Physical prices of Thai USS3 rubber higher on tight supply, with tapping at key southern plantations still being hampered by rain, says trader in Phuket. Adds firmer futures, recent gains in crude oil prices, steady regional spot markets all seen as supportive factors for USS3, though Thai output likely to increase significantly next month when rains subside, with extra output likely to drag on prices then. Thai USS3 traded in Hat Yai Central Market at THB55.7/kg vs THB55/kg yesterday, says trader. (ANJ)
Source: Dow Jones