BANGKOK – Asian physical rubber prices were little changed on Monday; a drop in Tokyo rubber futures weighed on the market but supply from major producing countries remains limited, which provided support, dealers said.
Prices of Physical Rubber Compared to February 24
Grade Prices Change,
Thai RSS3 (April) $4.05/kg -$0.05
Thai STR20 (April) $3.80/kg -$0.05
Malaysia SMR20 (April) $3.70/kg unchanged
Indonesia SIR20 (April) $1.67/lb unchanged
Thai USS3 110 baht/kg unchanged
Thai 60-percent latex (drum/April) $2,500/tonne unchanged
Thai 60-percent latex (bulk/April) $2,400/tonne unchanged
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.
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