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Oct 29, 2008

Strained by strong demand for the supply of rubber prices to remain strong

Thailand and Indonesia as a result of tight supplies and strong demand overseas in the next week, Asian rubber prices will be higher.

As a result of the world's largest natural rubber producing countries of Thailand so that the shortage of rainfall in May and sea exports for at least a month to postpone the shipment, in the past one month, the international market for Indonesia's natural rubber demand has been increasing.

Thailand 3 tobacco film in August of shipping FOB price steady in the previous week's 1.45 U.S. dollars per kilogram; shipping in September of FOB price steady at 1.43 U.S. dollars. 3 smoke-free export level steady in the film 56 baht per kilogram (1.37 U.S. dollars) or so. Thailand tire on the 20th grade standard plastic still reported 1.30 U.S. dollars. Malaysia reported that 20 standard plastic 1.28 U.S. dollars.

Indonesia tire rubber-class standards on the 20th of July shipping FOB price per kilogram rose 0.02 to 1.24 U.S. dollars. FOB shipping in August also rose 0.02 U.S. dollars to 1.25 U.S. dollars, and in September the same as the price of shipping.

While the domestic supply of adequate, but due to strong demand for the automotive industry and higher prices of synthetic rubber, natural rubber prices are expected to India will remain steady. Level 4 standard tire rubber prices will be steady at 6 per kg to 62 rupees.

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