BANGKOK, Nov 5 - Asian physical rubber rose further on Friday, with Thai RSS3 grade hitting a record high on the back of tight supply and bullish futures prices on Tokyo and Shanghai markets, dealers said.
The benchmark Thai smoked rubber sheet (RSS3) was offered at $4.30 per kg on Friday, the highest ever, they said. PRICES OF ASIAN PHYSICAL RUBBER COMPARED WITH NOV. 4
Grade Price Change
Thai RSS3 (Dec) $4.30 +$0.20
Thai STR20 (Dec) $4.20 +$0.12
Malaysia SMR20 (Dec) $4.10 +$0.10
Indonesia SIR20 (Dec) $2.0/lb unchanged
Thai USS3 115 +3 baht
Thai 60-percent latex (drum/ Dec) $2,800 +$50
Thai 60-percent latex (bulk/ Dec) $2,700 +$50
** NOTE - The prices quoted above are offers collected from traders in Thailand, Indonesia and Malaysia. They are not official prices quoted by state-run rubber agencies in those countries.




