This entry was posted on Wednesday, June 27th, 2012 at 5:39 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 THB88.23-THB88.36/kg from THB87.71-THB88.05/kg Tuesday, in line with gains on bellwether Tocom; traders in Thailand say demand for USS3 is strong, as many are short covering after rain last month limited tapping and supply; arrivals Wednesday also rise as producers release stocks on better prices. Outside the central markets, factories are paying around THB90/kg. Sales in Thailand’s three main central markets total 73.6 tons Wednesday versus 26.7 tons Tuesday: 21.8 tons in Hat Yai, 48 tons in Surat Thani, 3.8 tons in Chandee.
Source: Dow Jones