Monday, March 21, 2011

Thai USS3 Rubber Prices Up Sharply; Arrivals Low

Physical prices of Thai USS3 rubber rise sharply to THB146.29-THB155.2/kg vs
THB132.55-THB134.55/kg Friday, as arrivals remain low amid the low production season. Traders are awaiting the outcome
of the national rubber committee meeting in Bangkok Monday, after the government pledged support for prices last week.
Outside the central markets, factories are paying THB150-THB156/kg. Sales in Thailand's three central markets total
around 9.1 tons Monday versus 7 tons Friday: 3.6 tons in Hat Yai, 1.5 tons in Surat Thani, 4 tons in Chandee.

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