Singapore – The spot rubber prices in Asia were mixed Wednesday, trading is slow, buyers are still sitting on the sidelines, because the futures market rangebound.
Phuket, an industry executive said: “The buyers believe that the price will be down, but traders believe that the price will rise, making it difficult to deal.”
Thailand STR20 grade rubber handoff November shipment price of U.S. $ 3,060 per tonne, FOB basis, sold to China.
November / December shipment Thailand 3 smoked rubber RSS3 reported 328-330 cents per kilogram, the previous day to 328-330 cents per kilogram.
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The Thai standard rubber tire class STR20 reported in November / December shipment 310-311 U.S. cents per kilogram, the previous day to 312-314 cents per kilogram.
The Indonesian standard rubber tire class SIR20 reported in November / December shipment 295-296 U.S. cents per kilogram, the previous day to 295-296 cents per kilogram.
November / December shipment Malaysian standard rubber tire class SMR20 cents per kg 303-305, at 305-306 cents per kg the previous day.
Source: CHICAGO
