Spot rubber prices fell in Asia as demand weakness
From; Author:
BANGKOK, Oct. 19, according to news spot rubber prices in Asia fell on Wednesday due to a lack of spot market demand, and the rubber futures market decline.
CEO of global trade, said, "The current trend of price shocks that both buyers and sellers with caution, due to market trends is not yet clear."
Rubber futures hit limit down in early trading but later rebounded.
Japanese tire manufacturer in Thailand to buy rubber tire class standards STR20, 11 月 shipment, FOB (FOB) USD 4,000 per tonne.
November sent to China, Thailand STR20 standard rubber tire class USD 403.0 per tonne, basis for the CIF quotation (CIF).
November / December shipment Yan Pianjiao RSS3 Thailand 3 401 cents per kg reported the previous day, reported that 406 cents per kilogram.
November / December shipment of Thai STR20 standard rubber tire grade of 400 cents per kg reported the previous day, reported that 405 cents per kilogram.
November / December shipment level standard rubber tires in Indonesia SIR20 reported 394 cents per kg, the previous day reported that 397 cents per kilogram.
November / December shipment level standard rubber tire SMR20 Malaysia reported 396 cents per kg, the previous day reported that 401 cents per kilogram.
