Spot rubber prices rise Thai supply delay stimulated buying

Business News Agency June 15th According to news from Singapore on June 14, spot rubber prices in Asia rose on Thursday, following Tokyo's gains in rubber.

Before the weekend of the Greek election, market transactions were sluggish.

However, delayed delivery in Thailand prompted some buyers to look for RSS3, traders said.

The spot shipment of Thai RSS3 rubber was traded at US$3,350 per ton, FOB benchmark.

In July/August, the shipment of Thailand's No. 3 smoke tablet adhesive RSS3 was reported at 327-328 cents per kilogram, compared with 325-326 cents per kilogram in the previous trading day.

In July/August, Thailand's tire grade standard STR20 was reported at 301-302 cents per kilogram, which was 300-302 cents per kilogram in the previous trading day.

In July/August, Indonesia's tire grade standard rubber SIR20 was reported at 284-285 cents per kilogram, compared with 283-284 cents per kilogram in the previous trading day.

In July/August, the Malaysian standard grade rubber SMR20 was reported at 295-296 cents per kilogram, compared with 294-295 cents per kilogram in the previous trading day.

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