This entry was posted on Monday, August 20th, 2012 at 6:32 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 steady at THB80.89-THB82.86/kg from THB81.64-THB82.82/kg Friday; prices are holding firm despite healthy arrivals and a drop in Tocom prices, as traders are expecting additional funds to be committed to the THB15 billion price intervention plan Tuesday. Outside the central markets, factories are paying around THB76-THB79/kg. Sales in Thailand’s three main central markets total around 117.4 tons Monday versus 179.1 tons Friday: 17.4 tons in Hat Yai, 65 tons in Surat Thani, 35 tons in Chandee.
Source: Dow Jones