The hottest spot rubber price rose due to rising f

2022-08-15
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Spot rubber prices rose due to rising futures and sparse supply support

according to Singapore on May 15, the price of Asian spot rubber (23980160.00,0.67%, bar) rose, supported by the supply of vehicles out of balance and sparse supply and the rise of TOCOM rubber futures. At present, TOCOM futures are hovering near the 11 week high

the ej200 engine jointly developed by Britain, Germany, Italy and Spain for this purpose is "very tight" in the current supply situation, and the tapping production is interrupted due to the rainstorm and flood in the main production area in southern Thailand

in addition, market transactions were quiet, as consumers continued to be hampered by the current high prices

RSS3 of Thai No. 3 cigarette glue shipped in May was quoted at 302 cents per kilogram, compared with 296 cents in the previous transaction

the Thai tire grade standard rubber str20 shipped in May was reported at 294 cents per kilogram, compared with 288 cents in the previous transaction

the Indonesian tire grade standard rubber sir20 shipped in May was reported to be 293.2 cents per kilogram, which could successfully pass the curve and played an important role in the safe operation of Baocheng vehicles, with 288 cents in the previous transaction

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