Asia Rubber-China backs off as TOCOM bounces; Indonesia shy

Newswire

* China stays away, Thai grades sold at $3.25/kg * SIR20 bid at $3.30/kg, no deals done * Floods hit Thailand's growing area SINGAPORE, Nov 29 (Reuters) - China, the world's largest rubber consumer, was on the sidelines because of a rebound in Tokyo futures, while Thai sellers held on to their inventory after floods hit the country's main growing area, dealers said on Tuesday. Indonesia, the world's second-largest rubber producer after Thailand, was still reluctant to sell tyre grade ...

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