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Wednesday, January 19, 2022

Asian physical rubber prices fell in November 26 Chinese buyers actively bid

Asian physical rubber prices fell in November 26 Chinese buyers actively bidAccording to Singapore on November 26, the spot rubber prices in Asia on Monday were mostly lower, trailing TOCOM market trend.

Chinese traders actively bid, but they offer for traders who are mostly too low.

Phuket exporters said, “due to the rainfall and the government’s price intervention scheme, it is difficult to buy spot rubber prices have recently rebounded.

January shipment of Thai RSS3 grade rubber handoff price of U.S. $ 2,990 per tonne, FOB basis.

December / January shipment Thailand 3 smoked rubber RSS3 reported 299-302 cents per kilogram, the previous day at 303-305 cents per kilogram.

December / January shipment the Thai standard rubber tire class STR20 reported 290-293 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 282-283 cents per kilogram.

December / January shipment Malaysian standard rubber tire class SMR20 reported 289-290 cents per kilogram, the previous day at 293-294 cents per kilogram.

Source: CRIA

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