This entry was posted on Saturday, July 11th, 2009 at 9:03 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] Asian cash rubber prices move mostly higher though markets very quiet ahead of weekend, while lack of firm direction also damps interest, traders say. Sporadic rain in southern Thailand, northern Malaysia continues to limit supply, though moisture generally seen as beneficial to rubber trees, says trader in Phuket. Adds raw material now very tight, with farmers, middlemen holding onto stocks amid general sentiment that prices will move higher in coming sessions. 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