This entry was posted on Tuesday, July 10th, 2012 at 7:29 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 THB87.88-THB88.54/kg from THB87.29-THB87.48/kg Monday, reflecting gains on Tocom and Shanghai, but the upside is limited ahead of a Thai cabinet meeting later in the day. Traders are watching for new developments regarding the government’s price-intervention scheme. Outside the central markets, factories are paying around THB90/kg. Sales in Thailand’s three main central markets total around 127.2 tons Tuesday versus 167.9 tons Monday: 18.2 tons in Hat Yai, 90 tons in Surat Thani, 19 tons in Chandee.
Source: Dow Jones