This entry was posted on Wednesday, January 11th, 2012 at 5:04 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 rise to THB91.20-THB92.55/kg from THB89.85/kg-THB90.88/kg Tuesday, in line with gains on Tocom. Thai growers are protesting the recent decline of natural rubber prices and demanding that the government set a minimum price of THB120/kg for USS3. Outside the central markets, factories are paying around THB91-THB95/kg. Sales in Thailand’s three main central markets total 50.2 tons Wednesday versus 38 tons Tuesday: 4.2 tons in Hat Yai, 19 tons in Surat Thani, 27 tons in Chandee.
Source: Dow Jones