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Jul 29: Thai USS3 Rubber Steady; Rain Hits Supply

[Dow Jones] Physical prices of Thai USS3 rubber steady at THB57.71-THB58.58/kg Vs THB57.79-THB58.28/kg due to rain-induced tight supply. “Prices could have risen even higher but for the decline in natural rubber futures, which eased market sentiment,” says Singapore-based importer. Total sales in three central markets of Thailand estimated at 47 tons Vs 78 tons yesterday, says trader in Hat Yai; adds sales comprise 2 tons in Hat Yai, 10 tons in Surat Thani and 35 tons in Chandee. (SAM)

Source: Dow Jones

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« Jul 29: Asia Physical Rubber Prices Dn;Fundamentals Tight
Jul 30: Rubber Increases as U.S., Japan Data Signal Slump May Be Easing »

This entry was posted on Wednesday, July 29th, 2009 at 4:28 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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