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Mar 21: Thai USS3 Rubber Prices Up Sharply; Arrivals Low

[Dow Jones] Physical prices of Thai USS3 rubber rise sharply to THB146.29-THB155.2/kg vs THB132.55-THB134.55/kg Friday, as arrivals remain low amid the low production season. Traders are awaiting the outcome of the national rubber committee meeting in Bangkok Monday, after the government pledged support for prices last week. Outside the central markets, factories are paying THB150-THB156/kg. Sales in Thailand”s three central markets total around 9.1 tons Monday versus 7 tons Friday: 3.6 tons in Hat Yai, 1.5 tons in Surat Thani, 4 tons in Chandee.

Source: Dow Jones

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This entry was posted on Monday, March 21st, 2011 at 7:33 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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