Asian physical rubber prices: January 29, 2014

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Jan 29 (Reuters) – Prices of physical compared with Jan. 28

Grade

Prices

Change

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Thai (March)

$2.20/kg

+$0.02

Thai STR20 (March)

$2.15/kg

unchanged

Malaysia SMR20 (March)

$2.15/kg

+$0.02

SIR20 (March)

$1.00/lb

+$0.02

Thai USS3

68 baht/kg

+3 baht

Thai 60-percent latex (drum/March)

$1,500/tonne

unchanged

Thai 60-percent latex (bulk/March)

$1,400/tonne

unchanged

NOTE – The prices quoted above are offer prices collected from traders in Thailand, Indonesia and Malaysia. They are not official prices quoted by state-run rubber agencies in those countries.

(Reporting by Apornrath Phoonphongphiphat; Editing by Subhranshu Sahu)

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