This entry was posted on Wednesday, January 18th, 2012 at 7:20 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 sharply to THB100.59-THB103.09/kg from THB97.59-THB98.09/kg Tuesday, due to the Thai government’s plan to intervene in the natural rubber market to boost prices to THB120/kg. Outside the central markets, factories are paying THB101-THB104/kg. Sales in Thailand’s three main central markets total 21.7 tons Wednesday versus 45.9 tons Tuesday: 1.8 tons in Hat Yai, 2.9 tons in Surat Thani and 17 tons in Chandee.
Source: Dow Jones