(Bloomberg) -- Rubber futures in Tokyo, the global
benchmark, were little changed, trading near a six-month low
amid speculation that supply from Southeast Asian producing
nations is picking up.
Natural rubber supply tends to increase after the end of
wintering, or the low production season, in top-producer
Thailand, where early rains threatened to curb output. Thai
plantations may still be affected by scattered rainfall, while
drier weather in southern Indonesia, the second-biggest producer,
will help operations there, forecaster Meteorlogix said
yesterday.
Read more at Bloomberg Commodities News
benchmark, were little changed, trading near a six-month low
amid speculation that supply from Southeast Asian producing
nations is picking up.
Natural rubber supply tends to increase after the end of
wintering, or the low production season, in top-producer
Thailand, where early rains threatened to curb output. Thai
plantations may still be affected by scattered rainfall, while
drier weather in southern Indonesia, the second-biggest producer,
will help operations there, forecaster Meteorlogix said
yesterday.
Read more at Bloomberg Commodities News
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