This entry was posted on Friday, October 7th, 2011 at 10:07 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.
Asian physical rubber prices are higher, in line with gains on bellwether Tocom. There are signs of short covering with traders buying in the market this week, says a major Thai exporter who is said to be selling aggressively; she adds “we are keen to sell as we need to keep production flowing and also balance our positions in the various markets.” Thailand”s RSS3 for November shipment changes hands at $4,130/ton, FOB.
Source: Dow Jones