[Dow Jones] Asian cash rubber prices decline in line with weaker futures, despite recent strength in crude oil prices, tight physical supply, traders say. “The recent lack of clear direction has damped consumer buying interest and trade has been slow today. But I don”t think cash prices will fall too much below current levels for now as raw material prices are still very high, which means processors are unable to adjust their prices much lower,” says trader in Singapore. 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

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