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17 Oct 2011: Thai USS3 Rubber Prices Rise On Tocom; Gains Limited

Physical prices of Thai USS3 rubber rise to THB117.56-THB117.97/kg vs THB117.02-THB117.66/kg Friday, in line with gains on bellwether Tocom due to supply concerns caused by widespread flooding in Thailand; however gains are limited due to market caution over macroeconomic woes. Outside the central markets, factories are paying around THB118-121/kg. Sales in Thailand”s three main central markets total around 73.4 tons Monday versus 108.7 tons Friday: 17.4 tons in Hat Yai, 16 tons in Surat Thani, 40 tons in Chandee.

Source: Dow Jones

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This entry was posted on Tuesday, October 18th, 2011 at 9:16 am 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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