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Asian physical rubber prices: January 28, 2014

Grade

Prices

Change

Thai RSS3 (March)

$2.18/kg

+$0.02

Thai STR20 (March)

 $2.15/kg

 +$0.03

Malaysia SMR20 (March)

$2.13/kg

+$0.01

Indonesia SIR20 (March)

 $0.98/lb

unchanged

Thai USS3

 65 baht/kg

unchanged

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 in Bangkok; Editing by Prateek Chatterjee)

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