Asian physical rubber prices rise

Friday, 18 February 2011 04:19 -     - {{hitsCtrl.values.hits}}

BANGKOK (Reuters): Asian physical rubber prices were higher on Thursday, supported by futures contract prices on the Tokyo Commodity Exchange which broke a new record and tight supply, dealers said.

Prices of physical rubber compared to 16 February:

Grade                 Price Change

Thai RSS3(March)    $6.40/kg +$0.10

Thai STR20 (March)    $5.80/kg +$0.10

Malaysia SMR20 (March)     $5.80kg +$0.10

Indonesian SIR20 (March)     $2.63/ pound +$0.03

Thai USS3      180 baht/kg +5 baht

Thai 60-percent latex (drum/March)     $3,700 +$50

Thai 60-percent latex (bulk/March)     $3,600 +$50

The prices quoted above are offer prices collected from traders in Thailand, Indonesia and Malaysia. They are not official prices quoted by state-run rubber agencies in those countries.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.

COMMENTS

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.