This entry was posted on Thursday, October 20th, 2011 at 7:52 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.
Physical prices of Thai USS3 rubber continue to fall due to a slump in rubber futures. Most factories are paying around THB105/kg outside the central markets vs. up to THB111/kg outside this morning, says a trader in southern Thailand. Prices at Surat Thani post the sharpest decline Thursday, as it is the biggest raw material trading center among the three main centers, adds the trader; this is despite overall low arrivals due to rain-disrupted tapping.
Source: Dow Jones