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Mar 29: Thai USS3 Rubber Prices Break Record Again

[Dow Jones] Physical prices of Thai USS3 rubber rise to THB104.58-THB106.65/kg vs THB103.62-THB104.49/kg Friday, setting new all-time high record, as futures extend gains over last week, physical market remains tight with wintering, drought. Outside central markets, some factories even paying THB107.5/kg. “Factories are trying to stock up before prices go up even further,” says trader in southern Thailand. Total quantity sold in three central markets of Thailand estimated at 53.7 tons vs 37.6 tons Friday: 16.4 tons in Hat Yai, 0.3 tons in Surat Thani, 37 tons in Chandee.

Source: Dow Jones

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This entry was posted on Monday, March 29th, 2010 at 8:26 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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