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Dec 28: Thai USS3 Rubber Prices Higher On Strong Demand

[Dow Jones] Physical prices of Thai USS3 rubber slightly higher at THB85.59-THB85.95 vs THB85.35-THB85.83 Friday due to strong demand, traders say. “Even though supplies have increased after rains receded earlier this month, strong demand is keeping prices high,” says trader in Hat Yai. Total sales in three central markets of Thailand 183 tons vs 171 tons Friday: 35 tons in Hat Yai, 78 tons in Surat Thani, 70 tons in Chandee. Total sales above 150 tons on most days for past week due to more arrivals amid less rain. (SAM)

Source: Dow Jones

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« Dec 28: RUBBER-Tokyo futures rise on weaker yen, steady oil
Dec 29: SHFE rubber futures mostly up; may rise further »

This entry was posted on Monday, December 28th, 2009 at 4:33 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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