Asia Rubber-China devours tyre grades; SIR20 at 3-mth lows

Newswire

* SIR20 done at 162.50-164 cents/lb FOB * STR20 traded at $3.72/kg CIF China, SMR20 at $3.69 * China in market to replenish stocks By Lewa Pardomuan SINGAPORE, April 27 (Reuters) - China, the world's largest rubber consumer, is chasing tyre grades from Southeast Asia because of falling domestic inventory, but ample supply in Indonesia kept prices at their lowest level in three months, dealers said on Friday. Inventory in warehouses monitored by the Shanghai ...

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