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13 Mar 2012: Thai USS3 Rises On Tocom; Weak Demand Caps Gains

Physical prices of Thai USS3 rubber rise to THB109.12-THB110.09/kg from THB108.82-THB109.75/kg Monday, in line with gains on Tocom due to the low-production season, but tepid spot demand is capping gains, traders say. Outside the central markets, factories are even paying around THB111-THB113/kg. Sales in Thailand’s three main central markets total around 80.7 tons Tuesday versus 70 tons Monday: 1.7 tons in Hat Yai, 20 tons in Surat Thani, 59 tons in Chandee.

Source: Dow Jones

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This entry was posted on Tuesday, March 13th, 2012 at 4:53 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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