This entry was posted on Wednesday, April 25th, 2012 at 7:38 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 THB106.33-THB106.59/kg from THB106.29-THB106.49/kg Tuesday, on continued tight supplies due to the low output season and persistent rain in south Thailand. “I don’t think there’s any hoarding, just very low production,” says a trader in Bangkok. Outside the central markets, factories are paying around THB107-THB109/kg. Sales in Thailand’s three main central markets total around 14.9 tons Wednesday versus 4.5 tons Tuesday: 2 tons in Hat Yai, 1.9 tons in Surat Thani, 11 tons in Chandee.
Source: Dow Jones