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Jan 20: Thai USS3 Rubber Prices Rally On Futures Rise

[Dow Jones] Physical prices of Thai USS3 rubber up, along with gains in futures earlier in the day; prices rise to THB96.32-THB96.46 from THB95.43-THB95.63 yesterday, traders say. “Bullish sentiment in the morning session supported prices, along with general tight supply, strong Chinese buying interest,” says Thai trader. Total sales in three central markets of Thailand 68.8 tons vs 86 tons yesterday: 20.8 tons in Hat Yai, 8 tons in Surat Thani, 40 tons in Chandee.(HWS)

Source: Dow Jones

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This entry was posted on Wednesday, January 20th, 2010 at 7:44 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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