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Aug 25: Asia Physical Rubber Tad Lower; Demand Strong

[Dow Jones] Asia physical rubber prices ease, tracking decline in Tocom rubber futures, but overall fundamentals still strong. “There are deals taking place at current levels. Tire makers are aggressively looking for Indonesia”s SIR rubber, which is the cheapest,” says Singapore-based exporter; adds there is more demand for Malaysia”s SMR grade in China due to its quality. For daily breakdown of cash prices for all rubber grades, keyword search ASIA PHYSICAL RUBBER. (SAM)

Source: Dow Jones

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« Aug 25: TOCOM Aug rubber expires with 164 lots delivered
Aug 26: RUBBER-Tokyo futures recover on steady oil, firm stocks »

This entry was posted on Wednesday, August 26th, 2009 at 8:38 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.

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