This entry was posted on Thursday, November 3rd, 2011 at 7:39 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 are slightly higher at THB98.98-THB101.84 vs THB98.05-THB98.19/kg as supply drops off. Outside the central markets, factories are paying around THB102/kg. Thailand”s floods have affected rubber processing and dealers are restricting supply to shore up prices, a trader in Bangkok says. Sales in Thailand”s three main central markets total around 7.2 tons Thursday versus 30.5 tons Wednesday: 5.2 tons in Hat Yai, none in Surat Thani, 2 tons in Chandee.
Source: Dow Jones