This entry was posted on Thursday, February 2nd, 2012 at 9:24 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 THB111.67-THB112.07/kg from THB111.63-THB112.02/kg Wednesday as sellers withhold supplies in anticipation of further price gains. The Thai government is expected to begin buying in the next few weeks to boost prices to THB120/kg. Outside the central markets, factories are paying around THB114-THB117/kg. Sales in Thailand’s three main central markets total around 73.2 tons Thursday compared with 60.2 tons Wednesday: 17.2 tons in Hat Yai, 22 tons in Surat Thani, and 34 tons in Chandee.
Source: Dow Jones