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May 27: Thai USS3 Rubber Prices Up On Rain, Low Supply

[Dow Jones] Physical prices of Thai USS3 rubber rise slightly, despite sluggish buying interest, with low supply due to ongoing rain showers in key producing regions continuing to lend mild support, says trader. Adds, despite recent rain leading to a reduction in tapping, output, the increased moisture is beneficial for trees; output likely to increase significantly from mid-June, when rains expected to subside. Thai USS3 traded at THB56.00/kg vs THB54.49/kg yesterday, trader says. (ANJ)

Source: Dow Jones


« May 27: Thai USS3 Rubber Prices Up On Rain, Low Supply
May 28: Tocom Rubber Settles Up, Snaps Minor Resistance »

This entry was posted on Wednesday, May 27th, 2009 at 5:08 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.

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