Asia Rubber-Indonesian grade sold, high prices weigh

Newswire

* SIR20 sold at $2.60-$2.61/kg for January shipment * Major tyre makers await lower prices, China sidelined By Lewa Pardomuan SINGAPORE, Nov 24 (Reuters) - A few cargoes of Indonesian tyre grade rubber were sold to Singapore dealers, but other buyers stayed away from the physical market after prices extended gains on tight supply and rising Tokyo futures, dealers said on Tuesday. SIR20 for January delivery changed hands late on Monday at 118.00 to 118.50 U.S. cents per pound ($2.60 ...

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