According to Singapore on November 12, the Asian spot rubber prices slipped on Monday, following the Tokyo rubber futures decline.
Traders said the market was sluggish, investors are waiting for clearer clues.
“Today’s bid is very small, and the prices are too low,” Bangkok exporters said.
Indonesian standard rubber tire class sailing in January SIR20 was traded at 2,760 dollars per ton, FOB (FOB) basis.
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December / January shipment Thailand 3 smoked rubber RSS3 292-293 per kg cents the previous day at 297-298 cents per kilogram.
December / January shipment the Thai standard rubber tire class STR20 reported 286-287 cents per kilogram, the previous day at 288-289 cents per kilogram.
Indonesian tire grade standard rubber SIR20 reported in December / January shipment 274-275 cents per kilogram, the previous day at 277-278 cents per kilogram.
December / January shipment Malaysian standard rubber tire class SMR20 286-287 per kg cents the previous day to 288-289 U.S. cents per kg.
Source: CRIA
