BANGKOK, March 31 - Asian physical rubber prices were higher on Wednesday, supported by tight supply and rising futures prices on the Tokyo Commodity Exchange, dealers said.
The benchmark Thai rubber price was offered at a record high of $3.52 per kg, breaking the previous record of $3.50 set this week.
Rubber reached levels around $3.30 per kg 58 years ago at the time of the Korean War. It went above that level in March this year and has continued to move higher as demamd is strong and supply is falling for seasonal reasons. [ID:nSGE62S04G]
For a full report on TOCOM, click on [RUB/T]
PRICES OF ASIAN PHYSICAL PRICES COMPARED WITH MARCH 30
Grade Price Change
Thai RSS3 (May) $3.52 +$0.02
Thai STR20 (May) $3.42 +$0.02
Malaysia SMR20 (May) $3.30 unchanged
Indonesia SIR20 (May) $1.47/lb unchanged
Thai USS3 106 baht/kg +1 baht
Thai 60-percent latex (drums, May) $2,400 unchanged
Thai 60-percent latex (bulk, May) $2,300 unchanged
** NOTE - The prices quoted above are offers collected from traders in Thailand, Indonesia and Malaysia. They are not official prices quoted by state-run rubber agencies in those countries.
(news.alibaba.com)
Posts
0 nhận xét