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Jan 27: Thai USS3 Rubber Prices Fall On Weak Futures

[Dow Jones] Physical prices of Thai USS3 rubber slightly lower at THB93.80-THB94.36 vs THB94.57-THB94.61 yesterday on sharp fall in futures markets. “Factories are reluctant to pay higher prices for the raw material because prices of processed rubber have declined significantly,” says trader in Phuket. Total sales in three central markets of Thailand 91.5 tons vs 77 tons yesterday: 34.5 tons in Hat Yai, 35 tons in Surat Thani, 22 tons in Chandee. (SAM)

Source: Dow Jones


« Jan 27: RUBBER-Tokyo futures hit 1-month low on firm yen, weak oil
Jan 28: RUBBER-Tokyo futures down, yen fall limits losses »

This entry was posted on Wednesday, January 27th, 2010 at 7:38 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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