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Jun 16: Asia Physical Rubber Lower; Prompts Buying

[Dow Jones] Asian cash rubber prices lower in line with weaker futures, prompting some brisk buying as traders lock in supplies. “The market is volatile due to currency fluctuations, but there is buying activity,” says Singapore-based exporter. SIR grade sales have been made at $1.50/kg, says trading executive; adds Malaysian rubber sold at $1.63/kg. For a daily breakdown of cash prices for all rubber grades, keyword search ASIAN PHYSICAL RUBBER PRICES to see the item. (SAM)

Source: Dow Jones

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« Jun 16: Tocom Rubber Futures Settle Dn On Weak Crude
Jun 17: ANALYSIS-Tokyo rubber futures hit skids, pose Shanghai dilemma »

This entry was posted on Tuesday, June 16th, 2009 at 7:55 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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