Physical prices of Thai USS3 rubber rise to THB106.26-THB106.39/kg from THB105.58-THB105.91/kg Friday, as arrivals remain thin during low-production season. Outside the central markets, factories are paying around THB107-THB109/kg. Sales in Thailand’s three main central markets total around 7.15 tons Monday versus 20.4 tons Friday: 1 ton in Hat Yai, 3.65 tons in Surat Thani, 2.5 tons in Chandee.

Source: Dow Jones

Tocom rubber futures settle slightly lower despite tight physical supplies, as manufacturing data in China fail to dispel concerns of weakness in Asia’s largest economy. A Tokyo-based broker says Tocom trade is slow Monday given that the April contract expiring and investors are adjusting their positions ahead of the new benchmark’s opening Tuesday. Most traders peg key support at Y300/kg. Benchmark September rubber settles Y0.5 lower at Y307/kg after trading in the narrow Y306.5-Y309.3/kg range.

Source: Dow Jones