[26 Dec] Thai STR20, RSS3 Rubber Sold To China at $2,900/Ton, CIF

Thailand's STR20 and RSS3 grades of natural rubber have been Friday sold to buyers in China at $2,900 a metric ton, basis cost, insurance and freight, for shipment in January, a trading executive said.

He said in one of the deals around 1,000 tons of STR20 was traded and around 500 tons of RSS3 was sold in another transaction.

Both STR20 and RSS3 grades are selling at around the same price, said the executive.

He said STR20 is no longer selling at a discount to RSS3 because of tight supplies.

(Source: irco.biz)