[Dow Jones] Physical prices of Thai USS3 rubber continue to break records on tight supply due to wintering, drought, edging up to THB105.13-THB106.75/kg vs THB104.58-THB106.65/kg yesterday despite falls in Asian rubber futures. Outside central markets, factories paying around THB108/kg. Exporters say they”re offering USS3 at higher prices but find it difficult to obtain supply as quantities limited, see no respite for another two months unless abundant rain. Total quantity sold in three central markets of Thailand estimated at 29.8 tons versus 53.7 tons yesterday: 14.8 tons in Hat Yai, 1 ton in Surat Thani, 14 tons in Chandee.

Source: Dow Jones

Comments are closed.