Thailand to improve the supply of natural rubber

According to overseas media, the rubber dealer said that on the 18th, as the largest rubber producing countries Thailand to improve the supply situation in Asia in the next few days, rubber prices may be falling, but due to other rubber producing countries as well as the inadequate supply of market demand will be strong Restrictions on the decline.

At present, Thailand by the supply-driven upward trend in the period Gum prices has come to an end, the cash supply has returned to normal levels. In recent weeks from Thailand's endless supply of rubber has been to ensure that the cargo will not be postponed. But the official said, and repeated oil prices to a record high of Jiaojia may provide support, because oil prices will push up the cost of Synthetic.

Drought in southern Thailand and the volatile situation in four or five months of the rubber supply disruption, forcing exporters to delay in August of rubber cargo shipment and to promote Jiaojia in July rose 17 points higher.

"I think Jiaojia up is over, now supply is sufficient." A Singapore trader said. At present, the indicator on the 3rd smoke-free film (USS3) by early August the price of 69 baht per kilogram down to 57 baht.