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Oct 31, 2008

Rubber Asia: buyer's bid is far below the selling price

Traders therefore can not determine the way forward for the market, many traders who wait-and-see attitude. Buyers bid prices much lower than that of Malaysia and Thailand as a result of increased supply, the market sentiment towards bad.

September shipment of Thailand 3 Yan Pianjiao RSS3 reported cents per kilogram 220-229, 225-228 cents reported Monday.

Thailand shipped in September of tire rubber-class standards STR20 reported cents per kilogram 220-229, 225-228 Monday reported cents, FOB Bangkok.

September shipment of Indonesia-class standard tire rubber SIR20 reported per 213 kilograms. 8-216. 1 cents Monday reported 218. 3-221. 6 cents, FOB Palembang.

Malaysia in September shipment of tire-class standards of SMR20 rubber was reported cents per kilogram 223-225, 225-227 Monday reported cents, FOB Penang / Port Klang.

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