This entry was posted on Thursday, August 27th, 2009 at 8:26 am 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.
[Dow Jones] Asia physical rubber prices rise on demand from tiremakers in China, jump in Tocom futures, traders say. “The strong opening of the new (February) contract on Tocom has given a boost to price sentiment,” says exporter in Thailand. There is strong demand for SMR20 grade Malaysian rubber in China, says Singapore-based trader; adds several deals for SMR20 took place yesterday at $2.01/kg, including cost, insurance, freight; shipment scheduled in September. For daily breakdown of cash prices for all rubber grades, keyword search ASIA PHYSICAL RUBBER. (SAM)
Source: Dow Jones