This entry was posted on Friday, February 17th, 2012 at 8:20 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.
Physical prices of Thai USS3 rubber fall to THB108.38-THB109.29/kg from THB111.45/kg Wednesday, in line with losses on Tocom and Shanghai. A trader says prices may rebound, but any upside to USS3 prices may be limited until the low-production seasons sets in fully in March. Outside the central markets, factories are paying THB111-THB112/kg. Sales in Thailand’s three main central markets total around 92 tons Thursday versus 61.5 tons Wednesday: 31 tons in Hat Yai, 21 tons in Surat Thani, 40 tons in Chandee.
Source: Dow Jones