This entry was posted on Thursday, November 26th, 2009 at 9:03 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.
[Dow Jones] Physical prices of Thai USS3 rubber rise to THB81.51-THB81.79 vs THB80.38-THB80.79 yesterday as southern Thailand engulfed by rains, hampering production. “Production has increased marginally, but it is still not enough,” says trader in Phuket. Total availability in three central markets of Thailand 92.5 tons vs 75.7 tons yesterday; 22.4 tons in Hat Yai, 40 tons in Surat Thani, 30 tons in Chandee. Availability in 2H 2009 most days has been less than 100 tons, while requirement is close to double that volume. Factories ready to pay even more than THB82/kg to dealers outside central markets due to scarce supply. (SAM)
Source: Dow Jones