Physical rubber prices were higher on Thursday (March 31), supported by tight supply and firm futures prices on the Tokyo Commodity Exchange, dealers said. Severe flooding hit Thailand, the world's biggest rubber producers, killed 21 people, stranded thousands of tourists and may delay some rubber shipments.
Physical Prices of rubber Compared to March 30
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, Bangkok, March 31, 2011)
Thursday, March 31, 2011
Physical Prices on March 31
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