Asia Rubber-Prices set to fall on rising supply, thin demand

Newswire

By Apornrath Phoonphongphiphat BANGKOK, July 30 (Reuters) - Asian rubber prices were expected to drop further due to slowing demand and rising supply, with Thailand planning to offload stocks later in the year. "Normally the weather should be fine over the next few weeks and supply should rise substantially, so buyers are waiting to buy at lower prices," said a trader in Thailand's Hat Yai rubber centre. Most tyremakers stayed on the sidelines as ...

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