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5 Aug 2011: Thai USS3 Rubber Prices Fall; May Rebound

Physical prices of Thai USS3 rubber fall to THB129.69-THB130.00/kg vs THB131.29-THB132.19/kg Thursday amid a sharp commodities selloff; but arrivals are still slow due to rain and prices may rebound if there are no further external shocks, says a trader in south Thailand. Outside the central markets, factories are paying around THB132-THB133/kg. Sales in Thailand”s three main central markets total around 54.8 tons vs 99.5 tons Thursday: 18.9 tons in Hat Yai, 4.9 tons in Surat Thani, 31 tons in Chandee.

Source: Dow Jones

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« 5 Aug 2011: Tocom Rubber Down In Broad Selloff: Economic Woes
8 Aug 2011: TOCOM Rubber Seen At 390 Yen/Kg by End-August »

This entry was posted on Friday, August 5th, 2011 at 8:25 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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