Spot rubber prices rose in Asia
Author:admin PostTime:2011-01-14
According to sources, the Asian spot rubber prices, by increased demand driven market, supply reduction, the main producing countries due to enter the winter, rubber output contraction.
Traders in Singapore said China's demand is not only began to rise, the global trade also began to pick up spot rubber.
Support economic recovery and the automotive industry, thereby promoting the tire needs. Rubber, Indonesia SIR20 3,190 dollars a tonne, FOB price, April / May delivery. Malaysia SMR20 rubber 3,230 dollars a tonne, FOB price, April / May delivery. Today, thin trading due to falls on public holiday in Thailand. March / April shipment Yan Pianjiao RSS3 Thailand reported 3 cents per kilogram, 328-331, 326-329 cents per kilo reported the previous day.
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