[Dow Jones] Asian cash rubber prices rise though very few trades reported as supply remains very thin, traders say. Producers now holding back stock following recent news that Thai government would move to mop up surplus supply to try and bolster prices, says trader in Singapore. Adds “no one knows at what level, or even if, (the Thai government) will really intervene in the market but the talk alone is giving a lift, as producers are holding back as much as possible.” Gains on futures, news that a loan package has been agreed for U.S. automakers, steady crude oil prices other supportive factors, though longer-term demand worries persist, may cap upside, trader says.

Source:  Dow Jones

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