This entry was posted on Tuesday, June 14th, 2011 at 4:37 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] Asian physical rubber prices lower on cues from bellwether Tocom with Chinese inflation data signalling continued tightening by Beijing. Increasing supply in Thailand is also expected to send prices lower, says major exporter. Another trader in south Thailand says normal production is likely to resume in a month or two if the weather continues to improve. Thailand”s RSS3 for July shipment changes hands at $5,080/ton, FOB.
Source: Dow Jones