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Jul 19: Asian Physical Rubber Steady; Some Buyers On Sidelines

[Dow Jones] Asian physical rubber prices mostly steady; some buyers on sidelines as Tocom closed for public holiday, says Thailand-based trader; adds “India continues to be active in the market.” Indonesia”s SIR20 sold around $2,900/ton, FOB, for prompt July shipment from Belawan. Malaysia”s SMR20 traded at $2,955/ton, FOB, for August, September shipment. Late Friday, a few hundred tons of STR20 changed hands at $3,140/ton, CIF, for July shipment to India.

Source: Dow Jones

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« Jul 16: Rubber Advances as Nearby Contract Surges on Low Stockpiles Due to Weather
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This entry was posted on Monday, July 19th, 2010 at 6:50 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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