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Feb 3: Thai USS3 Rubber Prices Up On Dwindling Supply

[Dow Jones] Physical prices of Thai USS3 rubber slightly higher at THB92.79-THB92.97/kg vs THB92.37-THB92.55 yesterday due to less market arrivals. Outside central market, USS3 traded even higher at THB93.00-THB95.50. Factories stocking up on raw material as there”s less rubber available and supplies likely to tighten further once wintering season begins later this month, says Phuket-based trading executive. Total quantity sold in three central markets of Thailand estimated at 75.2 tons vs 92 tons yesterday: 20.2 tons in Hat Yai, 25 tons in Surat Thani, 30 tons in Chandee. (HLN)

Source: Dow Jones

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This entry was posted on Wednesday, February 3rd, 2010 at 4:45 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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