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Apr 29: Thai USS3 Rubber Prices Steady On Slow Arrivals

[Dow Jones] Physical prices of Thai USS3 rubber steady at THB111-THB116.33/kg vs THB111.5-THB115.81/kg yesterday as supplies tight, total arrivals still below 10 tons even though tapping has resumed. Outside central markets, factories paying around THB116/kg. “USS3 prices are down from their peak but they are still high; hopefully we will see output and prices easing soon,” says Phuket-based exporter. Total quantity sold in three central markets of Thailand estimated at 8.9 tons versus 7.5 tons yesterday: 2.2 tons in Hat Yai, 3.2 tons in Surat Thani, 3.5 tons in Chandee.

Source: Dow Jones

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« Apr 29: Shanghai Rubber Futures Settle Higher;Upward Bias
Apr 30: Rubber Drops as Supply Improves, Investors Sell Before Holiday »

This entry was posted on Friday, April 30th, 2010 at 8:35 am 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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