Asian Physical Rubber Little Changed; Thai Field Latex Gains
3 April 2014, 16:53 SEAST
Asian physical rubber prices are little changed with prices amid the low-production season.
Prices of Thai field latex in particular, are gaining due to slow arrivals, says IRCo chief executive Yium Tavarolit in a note; “supply tightness of natural rubber in Thailand, Indonesia, and Malaysia currently lends support to prices on physical rubber markets in Asia,” he adds.
Indonesia’s SIR20 changes hands around $1,910/ton, FOB, for May shipment from Palembang.