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Jun 15: Asia Physical Rubber Prices Fall; Supply Tight

[Dow Jones] Asian cash rubber prices lower taking leads from weakness in futures market, but many grades steady; raw material shortage prevents sharp price fall. “Many large rubber producers are fully committed for July and aren”t making any offers; others are quoting a very high price,” says Singapore-based trader. Impact of futures on cash prices limited due to tight physical supply. For a daily breakdown of cash prices for all rubber grades, keyword search ASIAN PHYSICAL RUBBER PRICES to see the item.

Source: Dow Jones

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This entry was posted on Monday, June 15th, 2009 at 6:24 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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