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11 Jan 2012: Thai USS3 Rubber Prices Rise; Growers Want THB120/Kg

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

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« 11 Jan 2012: Tocom Rubber Rises; Gains Limited Despite Thai Protest
11 Jan 2012: THAI GOVT PLANNING TO BUY UP TO 200,000 TONNES UNSMOKED RUBBER TO PUSH UP PRICE -FARMERS ASSOCIATION »

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.

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