Wednesday, January 19, 2011

Asian Physical Rubber Prices - Jan 19

Asian physical rubber prices were little changed around record high levels on Wednesday (January 19), supported by strong futures prices on the Tokyo Commodity Exchange and thin supply, dealers said.

PRICES OF PHYSICAL RUBBER COMPARED WITH JAN 18

Grade

Price

Change

Thai RSS3(Feb)

$5.55/kg

unchanged

Thai STR20 (Feb)

$5.40/kg

unchanged

Malaysia SMR20 (Feb)

$5.40/kg

unchanged

Indonesian SIR20 (Feb)

$2.43 pound

unchanged

Thai USS3

155 baht/kg

-2 baht

Thai 60-percent latex (drum/Feb)

$3,350

+$50

Thai 60-percent latex (bulk/Feb)

$3,250

+$50

NOTE - The prices quoted above are offer prices collected from traders in Thailand, Indonesia and Malaysia. They are not official prices quoted by state-run rubber agencies in those countries.

(Reuters, January 19, 2011)

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