Asia Rubber-China devours Thai, Malaysian grades on cheaper freight

Newswire

* RSS3 traded at $3.35 to $3.36/kg for Feb * SIR20 January sold as high as 155 cents/lb * China buys Thai, Malaysian grades By Lewa Pardomuan SINGAPORE, Dec 21 (Reuters) - China, the world's largest rubber consumer, was chasing more cargo from Thailand and Malaysia because of cheaper freight rates, while major tyre makers turned to the Indonesian grade to replenish stocks, dealers said on Wednesday. Year-end demand was steady even though physical prices had gained due to a recovery on the ...

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