Tokyo Commodity Exchange (TOCOM) rubber futures prices rose slightly Wednesday, mainly crude oil and gold prices driving, but a rubber warehouse in southern Thailand suffered armed attacks on the news to support prices of rubber. TOCOM indicators in January 2007 rubber contract period closed Wednesday up 3.5 yen to 280.5 yen per kg, the intraday trading range between 279.3-283.3 yen.
A Japanese trader said, "early period TOCOM rubber prices of other commodities to follow up. But in the afternoon, (a Thai rubber warehouse attacks) have had some influence events and to promote the market higher." Thailand, a local staff member said, The warehouses for exporters Teck Bee Hang all by the Japanese tire manufacturer Puri Secretary-use, warehouse fire damaged Yan Pianjiao lead to 100-500 tons.
Thailand in September delivery targets 3 Yanpian Jiao (RSS3) FOB prices closed up 0.05 U.S. dollars to 2.40 U.S. dollars per kilogram. August delivery of the standard tire-class Thai STR20 block of plastic offer the seller up 0.05 U.S. dollars to 2.40 U.S. dollars per kilogram. Thailand in September delivery barreled 60% concentrated latex FOB price reported to 1500 U.S. dollars per ton, 1450 ton bulk reported. Indonesia September class delivery of tire rubber SIR20 standard FOB price reported to 2.30 U.S. dollars per kg, up 0.05 U.S. dollars. Malaysia SMR20-class standard tire rubber reported 2.40 U.S. dollars.
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