This entry was posted on Tuesday, June 8th, 2010 at 8:34 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.
[Dow Jones] Asian physical rubber prices fall as futures fell on euro-zone debt concerns, disappointing U.S. jobs data. Buyers interest was piqued by lower offer prices, but they put in even lower bids, says exporter in Thailand; RSS3 offered at $3,550/ton, FOB, for shipment in July/August, but buyer bids just over $3,200/ton for August shipment–no deal even though output expected to increase sharply by then. Indonesia”s SIR20 traded around $2,822/ton, FOB, for July shipment. Malaysia”s SMR20 traded at $2,900/ton, FOB, for July shipment.
Source: Dow Jones