This entry was posted on Monday, March 12th, 2012 at 5:31 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 THB108.82-THB109.75/kg from THB108.48-THB108.90/kg Friday, in line with gains on Tocom, with the low-production season offering support. Traders are still awaiting the government’s price-intervention plan, a trader in south Thailand says. Outside the central markets, factories are paying around THB111-THB113/kg. Sales in Thailand’s three main central markets total around 70 tons Monday versus 60.8 tons Friday: 9 tons in Hat Yai, 34 tons in Surat Thani, 27 tons in Chandee.
Source: Dow Jones