Tuesday, November 9, 2010

Tyre grade rubber at record highs in Southeast Asia

Nov 9 (Reuters) - Tyre grade rubber changed hands at an all-time high above $4 a kg in Southeast Asia as consumers scrambled for stocks after heavy rains curbed supply in main producing countries, dealers said on Tuesday. 
Indonesia's SIR20 was sold to Singapore dealers at as high as 194 cents a pound ($4.28 a kg) for nearby shipment on Tuesday. Malaysia's SMR20 was traded at $4.30 a kg late on Monday, while Thai RSS3 was sold to a Japanese trading house at $4.30 late last week.

(reuters.com)

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