This entry was posted on Monday, February 22nd, 2010 at 3:25 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 mixed at THB99.29-THB100.11/kg vs THB99.55-THB99.77/kg on Friday, with highest auction price of TH100.11/kg at Chandee central rubber market. Outside central market, factories even paying around THB101.5/kg, as wintering continues to take its toll on supply of raw material. “We still need to buy as much as we can to replenish the stockpile when prices are not at their highest yet,” says Phuket-based rubber factory executive; adds USS3 prices may move toward TH105 this week amid tight supplies and strong demand. Total quantity sold in three central markets of Thailand estimated at 216.6 tons vs 288.7 tons on Friday: 57.6 tons in Hat Yai, 83 tons in Surat Thani, 76 tons in Chandee. (HLN)
Source: Dow Jones