This entry was posted on Friday, November 20th, 2009 at 9:00 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.
[Dow Jones] Physical prices of Thai USS3 rubber rise to THB78.01-THB78.31 vs THB77.58-THB77.88 yesterday due to weak arrivals, slow tapping amid heavy rains. “USS3 tapping is likely to be slow for the next few weeks,” says analyst in Singapore. Total availability in three central markets of Thailand 64.7 tons vs 49 tons yesterday; 12.5 tons in Hat Yai, 2.2 tons in Surat Thani, 50 tons in Chandee. Availability in 2H most days has been less than 100 tons, while requirement is close to double that volume. Factories ready to pay even more than THB79/kg to dealers outside central markets. (SAM)
Source: Dow Jones