Asian physical rubber prices were steady at relatively high levels on Thursday (June 9), supported by firm futures prices and limited supply in producing countries, dealers said.
Rain persists in Thailand’s southern areas, the country’s major rubber area, disrupting tapping and cutting supply, they said.
PRICES OF PHYSICAL RUBBER COMPARED TO JUNE 8
NOTE – 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.
(Reuters, June 9, 2011)
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