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Wednesday, January 19, 2022

Asian spot rubber prices were mixed procurement active (Nov. 21)

Asian spot rubber prices were mixed procurement active (Nov. 21)According to Singapore on November 21, the spot rubber prices in Asia were mixed Wednesday, seeking guidance from the futures market.

The trader said the active China market purchases.

“The market is widely expected that the Chinese government will launch a new stimulus,” said a dealer in Singapore.

The January shipment Malaysian standard rubber tire class the SMR20 handoff Price U.S. $ 2,925 per tonne, FOB basis.

December / January shipment Thailand 3 smoked rubber RSS3 302-305 per kg cents the previous day at 303-306 cents per kilogram.

December / January shipment the Thai standard rubber tire class STR20 reported 292-295 cents per kilogram, the previous day at 293-295 cents per kilogram.

Indonesian tire grade standard rubber SIR20 reported in December / January shipment 282-283 cents per kilogram, the previous day at 281-282 cents per kilogram.

December / January shipment Malaysian standard rubber tire class SMR20 reported 290-291 cents per kilogram, the previous day at 291-292 cents per kilogram.

Source: CRIA

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