Thai rubber supply tight encourage Indonesia's rubber exports increase

Dealers said that on June 3, the main exporters of Thailand Incentive already tight supply of rubber for the needs of neighboring Indonesia, with the summer holidays approaching the price of short-covering support.

Rubber-growing areas in southern Thailand ushered in the rich rain, so reducing the supply and the future of the region to bring Jiaojia support.

Many Thai exporters have delayed shipments, and inform overseas buyers to be shipped until July, is expected to increase supply.

A Thai exporters, said: "a Singapore trader just give me a call inquiry, but as a result of temporary supply shortages can not provide prices."

Indonesia Dealers said that in the past few days from the United States and Europe Inquiry, I hope next week to sign a few big single.

Dealers said China placed an order from Indonesia up to 1,000 tons of cargo spot. Indonesian rubber production in Southeast Asia, several countries reported the lowest price.

Indonesia said a trader: "The buyers are worried that once they enter the court, rubber prices are likely to be more expensive, it is necessary to carry out before the summer holiday short-covering."

Dealers refer to the Indonesian port of the main Palembang Padang, as well as adequate supply of rubber in Hong Kong, but in the northern city of Medan, Sumatra, the seller does not offer active, as a result of limited stocks in the hope that they, the purchase price can be further enhanced.

Jakarta, a dealer said: "If you continue to humid and rainy weather, the price will be steady or rise further, and the buying will continue to strengthen."

Indonesia's northern Sumatra have been tapping the end of the off-season, but has not yet increased production, rubber prices have been kept at 10,000 rupees per kilogram (1.045 U.S. dollars).

Thailand targets on the 3rd smoke-free film over the past month rose 15 percent to 55 baht.

Thailand 3 tobacco film in July last cargo FOB prices rose 0.04 U.S. dollars, reported 1.44 U.S. dollars.

Thailand 20 standard plastic up 0.02 U.S. dollars to 1.27.

Indonesia 20 sailing standard rubber prices in July rose 2.5 percent last week, to 1.22 U.S. dollars. August cargo also rose to 1.23 U.S. dollars.

Thailand, Indonesia and Malaysia account for the global rubber output of around 60%.