This entry was posted on Monday, May 17th, 2010 at 4:43 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.
[Dow Jones] Thailand”s rubber exports so far unaffected by the civil unrest in Bangkok, traders say. “The bulk of the exports take place through Laem Chabang port, which are carrying on as usual,” says exporter in Thailand; adds even though futures prices have declined, physical supply continues to be tight. “Most of the rubber is grown in southern Thailand, which has been affected by Islamist insurgency but that hasn”t stopped production,” says another trader. Laem Chabang port, which began operations in 1991, is 110 kilometers south of Bangkok. Thailand, world”s largest exporter of natural rubber, shipped out 2.7 million tons in 2009. Monthly exports mostly range between 200,000 and 300,000 tons.
Source: Dow Jones