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Feb 24: Thai USS3 Rubber Prices Steady; Arrivals Fall

[Dow Jones] Physical prices of Thai USS3 rubber steady at THB173.30-THB178.84/kg vs THB177.30-THB177.73/kg yesterday; price is higher at Surat Thani as arrivals were below 10 tons. USS3 prices are weighed by Tocom coming off record high levels, but exporters” concerns are on supplies as Thailand is in the low-production season. “I wonder how much we”d be able to get tomorrow,” says a trader. Outside the central markets, factories are paying around THB180-THB182.5/kg. Sales in Thailand”s three central markets total around 68.1 tons Thursday versus 109.6 tons Wednesday: 35.1 tons in Hat Yai, 6 tons in Surat Thani, 27 tons in Chandee.

Source: Dow Jones

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« Feb 24: Tocom Rubber Settles Lower As Shanghai Declines
Feb 25: Rubber Production to Gain 8% in 2011, Association Predicts »

This entry was posted on Thursday, February 24th, 2011 at 5:29 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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